I believe that gold will break it's trendline and fall back to the level of the previous low as seen in pink.
I think buying at 1193 and stopping at 1185 with a target of 1123 would be a 1:3.75 risk reward trade with low probability of failure. In my opinion.
I think buying at 1193 and stopping at 1185 with a target of 1123 would be a 1:3.75 risk reward trade with low probability of failure. In my opinion.
Order cancelled
Errors in this, chart canceled.
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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.