Gold is bullish since this week. If trend continues we will see high of 1958 today.
For now the support is strong near 1928. So we can expect bullish trend above this.
However if price close below 1928 in four hour then we can test levels upto 1916 before reversal.
The levels for today are 1916-1928-1939-1948-1958
My trading idea is
Buy 1932-1936 SL 1926 TP 1948
Sell 1958 SL 1968 TP 1948
There will be some bearish trend after touching 1966. So be careful after 1956 level.
Wish you good trade
For now the support is strong near 1928. So we can expect bullish trend above this.
However if price close below 1928 in four hour then we can test levels upto 1916 before reversal.
The levels for today are 1916-1928-1939-1948-1958
My trading idea is
Buy 1932-1936 SL 1926 TP 1948
Sell 1958 SL 1968 TP 1948
There will be some bearish trend after touching 1966. So be careful after 1956 level.
Wish you good trade
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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.