A swift evaluation is conducted based on a single day without look back.
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 29.03 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1697.27 - 1733.15.
Prices are consolidating between 1658.10 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1724.95.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1671.66
The trend moving average: 1694.59
SAR: 1676.16
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 29.03 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1697.27 - 1733.15.
Prices are consolidating between 1658.10 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1724.95.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1671.66
The trend moving average: 1694.59
SAR: 1676.16
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