Gold selling seems exhausted. Buyers are coming in

Long

Or / Dollar Américain (FX:XAUUSD)

Mis à jour

FX:XAUUSD Or / Dollar Américain

Last year in May I published a level I am interested in on Gold. We have been flirting around it for some time. I am adding. Blue is a buy zone.

Gold: Approaching Demanded Level (XAUUSD)

Commentaire:

My intra-day view on the chart is bearish tone, but a buyer of dips.

The current price action leads me to believe something like this will happen. Support could however be deeper than indicated.

Commentaire:

long active at 1183

Commentaire:

Great rebound off 1183. Now above first level resistance. A break above ¨bullish break¨will be very healthy. I reiterate, I am long from 1183 with a substantial amount of leverage and am also long NUGT (triple leverage gold miner ETF).

Commentaire:

Market timing 101

Targets - 1260, 1300

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.