We saw Last week the Bullish movement and how the price moved and from my point of view we can see that movement as Market maker Long entrance to the market on the Long run as we all know the bullish momentum happens on gold at the end of every year and that might be the Start of it from my fundamental analysis perspective but i expect we will see one more last Bearish momentum and the rejection on the daily time frame will be at the levels of 1709 which acts as the main support for gold at the moment
so for swing traders we can add more buying positions at 1709 with our stop loss below the last lowest low of 1680
and our first target will be the number 1834 and from there we will wait to 1916
please use strict money management for the additional positions
don't move or remove your stop loss under any circumstances
Trade safe
so for swing traders we can add more buying positions at 1709 with our stop loss below the last lowest low of 1680
and our first target will be the number 1834 and from there we will wait to 1916
please use strict money management for the additional positions
don't move or remove your stop loss under any circumstances
Trade safe
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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.
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.