Gold near strong support - buy on 1H
Dear traders and followers,
welcome to our weekly gold market update !
The Gold price lost in the last days almost 4% value and reached almost strong support area near 1800 $
We expect the market to make a final drop to 1790-1795 $ area which is pretty nice short term buy entry.
-RSI indicator starts sideways movement which is a buy signal.
iIn long term view is 1700 $ last important support before the trend changes from up tp down.
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welcome to our weekly gold market update !
The Gold price lost in the last days almost 4% value and reached almost strong support area near 1800 $
We expect the market to make a final drop to 1790-1795 $ area which is pretty nice short term buy entry.
-RSI indicator starts sideways movement which is a buy signal.
iIn long term view is 1700 $ last important support before the trend changes from up tp down.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/don't miss any new ideas
Thanks for your support !
Ordre annulé
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.