Having taken down all the major Fibonacci Retracement (Fibo) levels recently, Gold price Is consolidating the downside before the next push lower. In doing so, Gold price has retraced the entire advance from the October 10 low of $2,604 to the all-time high of $2,790. The 14-day Relative Strength Index (RSI) remains below the 50 level, keeping the downside risks...
As if we see current prices of gold so gold market opened with a gap to downside so now there is a big possibility that gold will cover it’s gap area and will go up. By seeing this we are currently seeing a buy opportunity on gold that can be buy the at 2730 to 2733 area and 1st tp will be 2740 and 2nd tp will be 2747 and so on so you guys can enter for this trade setup.
Rewrite it Guys this a risk setup you can take a sell trade hopefully H1 candle will close down you guys can earn some pips. It’s a risk setup so use proper lot size..
Gold Scalping Trade Idea: Sell at 2683 TP1: 2677 TP2: 2671 SL: 2692 Short-term scalping opportunity
Gold Trading Opportunity: • Current Price: $2653 • Sell Recommendation • Target Price (TP): $2649 (approx. 40+ pips profit) • Stop Loss (SL): $2660 Take advantage of this potential sell opportunity