Last week, I suggested that Gold would experience a pullback at some point.
However, this wasn't a prediction of a trend reversal, but rather a temporary correction following its extended upward move.
On Friday, Gold did indeed decline, reaching an intraday low in the 2643 zone.
Now the key question is: Has the correction ended?
In my view, there is still potential for a further dip, with the next leg of the correction possibly pushing Gold down to around 2630, which could present an ideal buying opportunity.
In this scenario, Bulls may look for entry points and aim for the recent highs.
Additionally, a break above the Asian session high could indicate the correction is over, marking the 2645 zone as the bottom
However, this wasn't a prediction of a trend reversal, but rather a temporary correction following its extended upward move.
On Friday, Gold did indeed decline, reaching an intraday low in the 2643 zone.
Now the key question is: Has the correction ended?
In my view, there is still potential for a further dip, with the next leg of the correction possibly pushing Gold down to around 2630, which could present an ideal buying opportunity.
In this scenario, Bulls may look for entry points and aim for the recent highs.
Additionally, a break above the Asian session high could indicate the correction is over, marking the 2645 zone as the bottom
交易結束:目標達成
After a sniper entry @ 2655, closed the trade @ 2635.Now I m looking for long entries in the idea of a resumption of the up move
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相關出版品
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。