GOLD 4HR LONG
Gold
Insight - Overall trend moving in an upwards channel and a downtrend inside the channel. Support 1632.30 - 50% on the fib. Price is likely to go long break resistance at 1648.98 - 61% on the fib and follow the overall trend of the upwards channel.
Intraday : Buy
Trade: Buy
Buy or above 1632.30
Target TP: 1648.98 & 1669.62
Pivot and support: 1632.30
Trade: Sell
Sell Below 1632.30
Target:1615.61 & 1604.55
Insight - Overall trend moving in an upwards channel and a downtrend inside the channel. Support 1632.30 - 50% on the fib. Price is likely to go long break resistance at 1648.98 - 61% on the fib and follow the overall trend of the upwards channel.
Intraday : Buy
Trade: Buy
Buy or above 1632.30
Target TP: 1648.98 & 1669.62
Pivot and support: 1632.30
Trade: Sell
Sell Below 1632.30
Target:1615.61 & 1604.55
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