Gold found support in 1995 and formed a double bottom. There is a chance that the price could rise to 2020 today, which is the key level considering a bigger pullback towards 2050 or more direct movement to lower prices in the 19xx region (explained in my last analysis).
The break of the asia session high will confirm the double bottom pattern, but because of the good risk to reward ratio I prefer to buy at the spot price.
Trade idea
BUY @1998
SL 1995
TP 2020
CRV 6
The break of the asia session high will confirm the double bottom pattern, but because of the good risk to reward ratio I prefer to buy at the spot price.
Trade idea
BUY @1998
SL 1995
TP 2020
CRV 6
交易結束：達到停損點
Double bottom didn't hold. Next levels are 1993 and 1980 area for support.註釋
Looking like the yellow support area is holding so far. Let's see.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。