Bullish candle in weekly chart but be careful
We can see a bullish reversal candlestick on the weekly chart in Gold.
But, we need to exercise caution before buying as US dollar is still catching bids.
That being said, if there is a pullback in Gold towards 1765 level, it may be worth
buying with small lots to start. A stop loss below 1750 and initial target at 1820 may be
a possible buy signal for Gold this week.
But, we need to exercise caution before buying as US dollar is still catching bids.
That being said, if there is a pullback in Gold towards 1765 level, it may be worth
buying with small lots to start. A stop loss below 1750 and initial target at 1820 may be
a possible buy signal for Gold this week.
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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.