GOLD LONG SET UP
Hi Everyone,
Wanted to share my idea on where i think gold is heading for the next days, using price action, support and resistance zones and the Fib Levels.
We can see that Gold did a solid move downwards and now seems to be in a pullback, if we enter now i think its fair to expect a pull back to the 38 and 50 level which are our TPs. Gold also broke the resistance zone in green which is now acting as a big support.
Let me know where you guys agree or disagree on this idea and also let me know where you guys think gold is heading for the next days.
Cheers everyone!!!!!
Wanted to share my idea on where i think gold is heading for the next days, using price action, support and resistance zones and the Fib Levels.
We can see that Gold did a solid move downwards and now seems to be in a pullback, if we enter now i think its fair to expect a pull back to the 38 and 50 level which are our TPs. Gold also broke the resistance zone in green which is now acting as a big support.
Let me know where you guys agree or disagree on this idea and also let me know where you guys think gold is heading for the next days.
Cheers everyone!!!!!
Note
TP 1 reachedTrade fermée: cible de profit atteinte
And TP2 aka final target reached
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.
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.