Hello dear friends! The price of gold today is fluctuating around the range of $2044 - $2045.
Currently, gold is moving sideways within a box, and the next trend is still unclear.
We will wait for gold to break out in a certain direction to play that trend:
Scenario 1: If gold breaks the uptrend, we will buy.
Scenario 2: If gold breaks the support level, we will observe and sell.
However, in the current situation, scenario 2 is still highly regarded.
What about you? What do you think about the next movement of gold?
Currently, gold is moving sideways within a box, and the next trend is still unclear.
We will wait for gold to break out in a certain direction to play that trend:
Scenario 1: If gold breaks the uptrend, we will buy.
Scenario 2: If gold breaks the support level, we will observe and sell.
However, in the current situation, scenario 2 is still highly regarded.
What about you? What do you think about the next movement of gold?
Trade active
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.