Gold Analysis | BUY oppertunity
Good Morning Traders
For todays Trading i'm looking out to Buy Gold with a TP on 1518.00.
There aren't any Economics Data planned for today but tommorow the Data for France and Germany Flash Manufactoring PMI will be released so i would stay on today and close trades when reaching Goal 1518.00. There is a Triangle Pattern forming so don't Trade a big Lot. The price could go a little down before going up.
Shorts vs. Longs:
Longs: 24'337
Shorts: -11'964
RSI: 52.75
Goals:
1st 1518.00
2nd 1536.00
3rd 1561.00
Resistance: 1518.00, 1536.00, 1561.00
Support Line: 1480.00, 1464.00
Have a nice Trading Day
For todays Trading i'm looking out to Buy Gold with a TP on 1518.00.
There aren't any Economics Data planned for today but tommorow the Data for France and Germany Flash Manufactoring PMI will be released so i would stay on today and close trades when reaching Goal 1518.00. There is a Triangle Pattern forming so don't Trade a big Lot. The price could go a little down before going up.
Shorts vs. Longs:
Longs: 24'337
Shorts: -11'964
RSI: 52.75
Goals:
1st 1518.00
2nd 1536.00
3rd 1561.00
Resistance: 1518.00, 1536.00, 1561.00
Support Line: 1480.00, 1464.00
Have a nice Trading Day
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