Hello Guys,
Today's analysis for gold is as follows:
The main Trend is bullish so looking for buy opportunities is wise. Today's Asia high is 2714, so market could go for an inducement and take out the liquidity and reverse from 2716. Since we are bullish huge reversal is not expected only a retracement to the following levels 2709, 2705 which each of them could be buying opportunity as well.
Should Market go for london's low , demand levels drawn on the chart provide huge trading opportunities as well.
Be honorable
Today's analysis for gold is as follows:
The main Trend is bullish so looking for buy opportunities is wise. Today's Asia high is 2714, so market could go for an inducement and take out the liquidity and reverse from 2716. Since we are bullish huge reversal is not expected only a retracement to the following levels 2709, 2705 which each of them could be buying opportunity as well.
Should Market go for london's low , demand levels drawn on the chart provide huge trading opportunities as well.
Be honorable
Note
Touched the 2709 level and went upNote
Touched level 2716 and dropped just as I mentioned . Inducement followed by a drop Note
Market touched the 2705 level which i mentioned in my analysis. and moved +150 pips up Note
it's still going up more than 250 pips so far
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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.