Hello traders,
While I expect a decline, there is a possibility that the price will fly to the top of the channel to the level of 2720 and decline from there.
However, I will stick to below buy and sell levels:
buy@2694 TP 2699, 2705, 2718, 2725, 2740
Sell below 2683 TP 2679, 2672, 2664, 2655, 2648
Try to avoid trading between 2694-2683, let gold take direction first.
While I expect a decline, there is a possibility that the price will fly to the top of the channel to the level of 2720 and decline from there.
However, I will stick to below buy and sell levels:
buy@2694 TP 2699, 2705, 2718, 2725, 2740
Sell below 2683 TP 2679, 2672, 2664, 2655, 2648
Try to avoid trading between 2694-2683, let gold take direction first.
Trade active
Warning, 2664 is very strong support and if gold break it, we may see further drop toward 2646
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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.