The daily chart for the GOLD pair shows that it holds most of its gains on the day, although it remains well below the weekly opening price. It has consistently met buyers around the directionless 100 Simple Moving Average (SMA) at 1,942$, while it bottomed out at$1,932$ in May, levels to watch the trend.
Support levels: 1,941.60 1,932.00 1,918.70
Resistance levels: 1.966.20 1,972.00 1,987.65
According to the current gold price, when gold has reached the old bottom, I expect a buy entry zone in the 1930$-1935$ zone. My expectations when bouncing around the area 1950$
Stop loss around 70pip per trade
評論:
BUY 1931 => 1939. +80pips✅✅
交易進行:
Gold is going down to the buying point for those who are late
交易結束:目標達成:
BUY 1930 => 1960. 300pips✅✅✅✅