A trading opportunity to buy in GOLD
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1357.42). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Gold is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1433.50
TP2= @ 1526.88
TP3= @ 1625.63
SL= @ 1333.00
. There is a possibility of temporary retracement to suggested support line (1357.42). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Gold is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1433.50
TP2= @ 1526.88
TP3= @ 1625.63
SL= @ 1333.00
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Save up to 60% now!
💡 Trade smarter, not harder, in the new year.
💲 Maximize your profits and minimize your risks.
👉bit.ly/New-Year-Offer-2025
4CastMachine AI generate High Accurate forecasts for:
Forex,Cryptos
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