Gold target: 1960-1965.
Since critical position 1935 broke, and this is the 6th time reaching the resistance positions on 4H chart (yellow arrows), we opened buy-stop orders on 1935 before CPI with SL1934 expecting to arrive the 1st resistance area 1960-1965.
So far we are holding selling orders opened at 1983, 1977, and buying orders opened at 1894, 1901, 1935.
1935 has become the 1st supporting position.
* 1st resistance: 1960-1965.
* 1st support: 1935.
* critical positions: 1935, 1965.
So far we are holding selling orders opened at 1983, 1977, and buying orders opened at 1894, 1901, 1935.
1935 has become the 1st supporting position.
* 1st resistance: 1960-1965.
* 1st support: 1935.
* critical positions: 1935, 1965.
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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.