Gold remains range-bound (2919-2909) after a weak bearish close Friday, despite mixed NFP data. We’ve already retested 2902 and are approaching the range high again. Given how long we’ve been in this range, I’m only trading breakouts:
A 30min break & close above 2919 could give a push to 2926 (+80 pips).
Sells only below 2893, targeting 2882 due to 4hr choppiness.
Staying patient until a clear breakout occurs!
A 30min break & close above 2919 could give a push to 2926 (+80 pips).
Sells only below 2893, targeting 2882 due to 4hr choppiness.
Staying patient until a clear breakout occurs!
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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.