Hi Traders Here is the next Gold analysis if you focus on the long-term traders and make profit from this analysis a price break the resistance z2889 and could push to Upside this is range where from price will decline and move to down side Here is Next Gold Key Points lets see how the price will Plays out.
Current Price 2990 Resistance zone 2915/ 2940 Support Zone 2875/ 2870
if the price could push from 2890 this is best are for Buying to taking profits Long Term Area a Historical this zone has been a Point of reversal or stagnation so its to watch how the price behaves here.
Support Zone 2875/70 if the price fails to down towards this is area for traders take Holds this is could best Buying opportunity . while remember these levels Protect your capital Trade wisely.
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Trade active
Buy Position gave us 180 Pips Done Trade from 2982 to 2900
Trade closed: target reached
Trade from 2882 to 2927 450 Pips Profit Done Guys. From Buy side
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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.