See above my thoughts on Gold for the coming week with both buy and sell levels.
For a buy am looking at entering at 2644 expecting 2665 as the first resistance then 2676 to 2678 as high resistance , if broken gold will have confirmed a bullish movement so expect 2700 and up next.
On the downside ill look to enter at 2632 expecting resistance 2624 to 2620 area , if we continue then 2608 to 2600 possible . after that 2592 high resistance leading to 2584 which will confirm the reversal
For a buy am looking at entering at 2644 expecting 2665 as the first resistance then 2676 to 2678 as high resistance , if broken gold will have confirmed a bullish movement so expect 2700 and up next.
On the downside ill look to enter at 2632 expecting resistance 2624 to 2620 area , if we continue then 2608 to 2600 possible . after that 2592 high resistance leading to 2584 which will confirm the reversal
Trade active
Running 265 pips on buy entry
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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.