Gold 4hour chart , Last week i gave a swing sell at 2513 which ran 240 pips but you could have entered multiple times for 50 plus pips , this week ill look for a swing buy at 2480 expecting 2515 level off this , for the rest ill look at entering a buy at 2504 expecting 2510 to 2514 and up key level to break would be 2530 to 2532 if this breaks we can confirm gold is bullish and i have the levels marked to watch out for , on the downside i would look at entering a sell at 2494 level expecting 2489 to 2484 level , now word of caution here 2482/81 is a level of high support i would expect a bounce here we have had 3 previous attempts and 1 false breakout here so this is definitely a level of interest for us hence the swing buy level . trade safe have a good week
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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.