GOLD SELL 1307 SL 1314 TG 1254
Gold price ended yesterday’s trading above the bullish channel’s resistance, to confirm the continuation of the bullish bias on the intraday basis, which targets testing 61.8% Fibonacci correction level at 1286.70 as a next station.
Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 1270.00 and holding below it, noting that breaching the targeted level will extend Gold price gains to reach 1314 on the near term basis.
Expected trading range for today is between 1265.00 support and 1300.00 resistance.
Expected trend for today: Bullish
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Gold price ended yesterday’s trading above the bullish channel’s resistance, to confirm the continuation of the bullish bias on the intraday basis, which targets testing 61.8% Fibonacci correction level at 1286.70 as a next station.
Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 1270.00 and holding below it, noting that breaching the targeted level will extend Gold price gains to reach 1314 on the near term basis.
Expected trading range for today is between 1265.00 support and 1300.00 resistance.
Expected trend for today: Bullish
MAKE MONEY IN TONS
MORE PM ME.......
Note
GOLD SELL 1307/1310 AREA Trade active
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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.