Hello Friends, I'm back with another gold analysis.
Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008.
*Note that level 37 was tested yesterday and it would be second time being tested if price gets there.
Today's news will give energy to the market for next move so as always do your own assessment and analysis before taking any trades
*Be honorable
Market is trapped between level 30 and 24 and is oscillating in 70 pips range. Above 30 we have level 37 then above it 47, in case market were to go down demand levels would be 16-12 and level 2008.
*Note that level 37 was tested yesterday and it would be second time being tested if price gets there.
Today's news will give energy to the market for next move so as always do your own assessment and analysis before taking any trades
*Be honorable
Note
Price is breaking through level 30 supplyNote
market is expecting us session for a directionNote
another trial to break resistanceNote
reacted to 37 and went downNote
200 pips from level 37Note
Sell from level 37-13, wowwwwwNote
Aggressive sellers still in the marketNote
There you guys reversal from level 12Note
60 pips so farNote
Going for 2008 levelNote
look for level 23-24 for a sellNote
market missed 2008 level and jumped upNote
reaction to 23 level 60 pips in profitNote
beautiful movement to downside from 24 levelNote
100 pips from 24 - 14 has been gainedNote
next level for a short trade would be around 31Note
reacted to area 31-34 going downNote
31 to 25 = 60 pips so farNote
beautiful reaction to level 37 , 80 pips in profitNote
going for level 47Note
from 47 to 30 170 pips has been gained
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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.