GOld remains bullish. Price will tap 1900's?
GOodmorning guys.
It has been a good week off trading. Made lots off profits. AFter fundamental news CPI gold fell deep toward 1868. If we look at H4 this is a good position for longs again because of H4 trendsupport. GOld managed to push a bit lower but eventually recovered during asia.
In my opinion the bulls are not done yet. 1885-1888 is resistance. So big posibility gold will rise to this level. Also 1903's has a big untested zone if you look at the daily chart. If 1885-1888 breaks with confirmation we can posible add more buys. We need to follow priceaction at that zone. if gold tells us to sell at 1885-1888 we sell guys.
Support: 1875, 1855, 1830
Resistance: 1885, 1888, 1903
It has been a good week off trading. Made lots off profits. AFter fundamental news CPI gold fell deep toward 1868. If we look at H4 this is a good position for longs again because of H4 trendsupport. GOld managed to push a bit lower but eventually recovered during asia.
In my opinion the bulls are not done yet. 1885-1888 is resistance. So big posibility gold will rise to this level. Also 1903's has a big untested zone if you look at the daily chart. If 1885-1888 breaks with confirmation we can posible add more buys. We need to follow priceaction at that zone. if gold tells us to sell at 1885-1888 we sell guys.
Support: 1875, 1855, 1830
Resistance: 1885, 1888, 1903
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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.