Gold in Supply Zone! Watch this zone for signal!
XAUUSD
1D TF
Supply Zone: 1990.70 - 2009.17
Demand Zone: 1921.77-1890.35
Resistance: 1996.80-2009.17
Support: 1958.84-1969.80
STO: OverBought
RSI: OverBought
Kaju Fusion Gold: Price too high.
Gold is bull for the first time since 11 April 2022. We see a good run of 300++ pips profit. However, the price now falls in the supply zone and resistance zone (see above)
With STO and RSI showing OverBought at the same time, we wouldn't want to risk buying again at this point.
Join my trading view group for updates.
1D TF
Supply Zone: 1990.70 - 2009.17
Demand Zone: 1921.77-1890.35
Resistance: 1996.80-2009.17
Support: 1958.84-1969.80
STO: OverBought
RSI: OverBought
Kaju Fusion Gold: Price too high.
Gold is bull for the first time since 11 April 2022. We see a good run of 300++ pips profit. However, the price now falls in the supply zone and resistance zone (see above)
With STO and RSI showing OverBought at the same time, we wouldn't want to risk buying again at this point.
Join my trading view group for updates.
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.