11/12/24 Gold trade idea
Hey Gang,
Sorry I've been off sick for a week but here's my main bias for gold going into FOMC next Wednesday.
Currently we are seeing traders find any excuse to dump gold this month which gives us the opportunity to buy gold pullbacks whenever possible.
Key Levels are highlighted in green but main bias is bullish:
- 2715 and 2723 are the key intraday levels to look for clear buys with 2732-40 being first targets and 2750 overall goal.
- We could see a short pullback to 2685 maybe during Asian which could be another opportunity for is to buy the dip however if we see a break and close below we can at least scalp the 50 pip wick back to c 2670.
- SAFEST sells would be a break and close below 2670
As always trade safely and DM with any questions.
Happy Trading
Sorry I've been off sick for a week but here's my main bias for gold going into FOMC next Wednesday.
Currently we are seeing traders find any excuse to dump gold this month which gives us the opportunity to buy gold pullbacks whenever possible.
Key Levels are highlighted in green but main bias is bullish:
- 2715 and 2723 are the key intraday levels to look for clear buys with 2732-40 being first targets and 2750 overall goal.
- We could see a short pullback to 2685 maybe during Asian which could be another opportunity for is to buy the dip however if we see a break and close below we can at least scalp the 50 pip wick back to c 2670.
- SAFEST sells would be a break and close below 2670
As always trade safely and DM with any questions.
Happy Trading
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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。