Gold formed a new higher high above 1840. This is a very positive bullish sign. However gold is continuously making bullish candles on dialy chart. So it may show some correction before it goes to make new high. Today I am expecting gold to test the 1818-1815 levels before it tries to go high.
The resistance levels for today are 1828, 1837
The Support levels for today are 1822, 1815
Since momentum and trend are bullish try to go for long trades only. Here are my ideas
BUY 1821 SL 1817 TP 1828
BUY 1828 SL 1824 TP 1837
SELL 1840 SL 1844 TP 1833
LONG TERM SELL 1848 SL 1854 TP 1800
The resistance levels for today are 1828, 1837
The Support levels for today are 1822, 1815
Since momentum and trend are bullish try to go for long trades only. Here are my ideas
BUY 1821 SL 1817 TP 1828
BUY 1828 SL 1824 TP 1837
SELL 1840 SL 1844 TP 1833
LONG TERM SELL 1848 SL 1854 TP 1800
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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.