Gold Climb
Expecting XAUUSD to climb back up due to incoming economic events after a price fall off for the last couple of days. We may see the Dollar Index fall to the 102.000 area before the weekend which also supports a buy for Gold.
My last chart may enact past price 1856.00, but for now I have it as a resistance area.
Buy Entry: 1832.00
Targets: 1835.30 | 1839.50 | 1844.00 | 1847.00 | 1851.00 | 1854.00
Resistance: 1857.00
Be sure to like this post and let me know what you think in the comments below!
My last chart may enact past price 1856.00, but for now I have it as a resistance area.
Buy Entry: 1832.00
Targets: 1835.30 | 1839.50 | 1844.00 | 1847.00 | 1851.00 | 1854.00
Resistance: 1857.00
Be sure to like this post and let me know what you think in the comments below!
Note
Targets up to 1844.00 have been reached. Expecting more spike up during NY open.Trade closed: target reached
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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.