GOLD outlook for week 3
Updated
Plan1 : Pullback gold from fib 1.27extend can't break, so the price will go up for once more to re-test the 1300-1310 level before it's huge massive down trend. (I prefer to do this plan)
Plan 2 : fib 1.27 level BREAK(1280/oz), the near target for this week is 1260-1250/oz,
be concern about the candlestick forming and please,be careful to do some trade for this plan (false key /fake break).It's better to late entries, than jumping in like a rambo.
My target for this plan basically from the trendline H4 & fib.
Have a nice week & Good luck :D
Plan 2 : fib 1.27 level BREAK(1280/oz), the near target for this week is 1260-1250/oz,
be concern about the candlestick forming and please,be careful to do some trade for this plan (false key /fake break).It's better to late entries, than jumping in like a rambo.
My target for this plan basically from the trendline H4 & fib.
Have a nice week & Good luck :D
Trade active
short open price : 1291.00SL : 1289
TP 1 : 1280
TP 2 : 1265
will hold if it confirm breaking the 1280 area
good luck & have a nice trade
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.