Here are some important levels that I am watching for a week:
2584 - 2612 - 2639 - 2665.
The potential movement of the Gold is uptrend
Todays gameplan
XAUUSD
If the gold price holds above 2622, I would consider a BUY. Set the Stop Loss at 2620 and aim for the First Take Profit target at 2626, with the Second Take Profit target at 2630.
If the gold price cannot hold above 2620, I would consider a SELL. Set the Stop Loss at 2623 and aim for the First Take Profit target at 2616, with the Second Take Profit target at 2613.
2584 - 2612 - 2639 - 2665.
The potential movement of the Gold is uptrend
Todays gameplan
XAUUSD
If the gold price holds above 2622, I would consider a BUY. Set the Stop Loss at 2620 and aim for the First Take Profit target at 2626, with the Second Take Profit target at 2630.
If the gold price cannot hold above 2620, I would consider a SELL. Set the Stop Loss at 2623 and aim for the First Take Profit target at 2616, with the Second Take Profit target at 2613.
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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.