Analysis: Gold was advancing to the upside since our last trade (27.04) and I am waiting for a price action for the price to hit my first target in the upcoming weeks. Once we can manage to clear the zone near the 1850$ level it will open the road to test the second target around the 1960$ level.Bad fundamental news from the worlds large economies or geopolitical/healthcare news can boost up the price momentum.
Trade from 27.04.2021 - ACTIVE
Trade: BUY
Entry: 1780$
1st target: 1850$
2nd target: 1950$
S/L: 1750
Trade from 27.04.2021 - ACTIVE
Trade: BUY
Entry: 1780$
1st target: 1850$
2nd target: 1950$
S/L: 1750
Note
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Trade active
Gold is up near 150$ from our inital trade - last 2 days made a huge gain 1850 -our first target-
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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.