Gold Spot / U.S. DollarUpdated Golden Friday Trading Strategies and Signals Sharing
Gold had a false breakout today at 2034. It then fell to around 2019. Although gold is showing a downward trend today, I think gold will still retest the upper price 2028-2032 tomorrow. If it breaks through this area, a triangle pattern will be formed. Rising to around 2037. So I think the trading strategy for everyone is
1If gold rebounds in 2019-2022, then
buy2019-2022 tp2028-2032 sl2014
2 If gold rises above the 2032 area. Then wait to sell gold
sell 2037-2041 tp2032-2028-2025
Of course I will update my thoughts based on tomorrow's trends.If you are interested in my analysis, please join me
Trade closed: target reached
After gold fell briefly, the situation in 1 occurred. A rebound occurred in the 2019-2022 area, reaching 2028. The take-profit price was successfully reachedTrade closed: target reached
tp2039.Perfect analysis, perfect charts
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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.