Gold achieved our short-term upside 2782/2790 by now. Now we are expecting gold may start correcting from here till 2773.50 to 2759.
Any upside movement above 2795 is likely to grab buy side liquidity before making a corrective fall.
Our goal for now is 2773.50 - 2759
Any upside movement above 2795 is likely to grab buy side liquidity before making a corrective fall.
Our goal for now is 2773.50 - 2759
Trade active
Gold Sell levels are active, gold spiked up to grab liquidity above key level 2790.xx/2810 and back to the rising channel. Downside fall is still expected and valid. However, it is also advised to reduce some positions on dips. Expected weekly trading range is seen between 2772.50 to 2848.Good luck
Trade closed: target reached
2772.50 suggested falling target is here start booking profits or managing risk.Feedback Friends :-)
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.
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.