Looking for Gold buy oppportunity
XAUUSD registered its largest one week loss since November as safe-haven demand eases. Gold was down 2.8% last week as optimism over the peace talks lifted sentiment in wider financial markets. $1920 acts as the first support. With a daily close below it XAUUSD is likely to test $1890 - $1880 area.
We are considering buying Gold on an retracement lower and after a price action signal on daily or 4 hour chart near $1853 to $1831 demand area.
We are considering buying Gold on an retracement lower and after a price action signal on daily or 4 hour chart near $1853 to $1831 demand area.
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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.
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.