GOLD 4H LONG
Gold
Insight - Weekly trend moving in an upwards channel and a downtrend inside the channel. Support 1562.37 - 0% on the fib so price should go upwards unless pushed down by fundamental events. Price is likely to go long break resistance at 1584.27
Intraday : Buy
Trade: Buy
Buy or above 1562.37
Target TP: 1584.27 & 1597.81
Pivot and support: 1562.37
Trade: Sell
Sell Below 1562.37
Target:1548.78 & 1536.27
Insight - Weekly trend moving in an upwards channel and a downtrend inside the channel. Support 1562.37 - 0% on the fib so price should go upwards unless pushed down by fundamental events. Price is likely to go long break resistance at 1584.27
Intraday : Buy
Trade: Buy
Buy or above 1562.37
Target TP: 1584.27 & 1597.81
Pivot and support: 1562.37
Trade: Sell
Sell Below 1562.37
Target:1548.78 & 1536.27
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.