Gold Trading Strategy 12/23
Last Friday, we successfully hit our long target in the 2623-2632 range, after which gold faced resistance near 2632 and pulled back.
With no major news over the weekend, the focus shifts back to technical trading. For this week, we are mainly looking at:
Long positions in the 2615-2605 support zone.
Short positions in the 2636-2648 resistance zone.
Key Considerations for the Week:
Pay close attention to the support and resistance lines. Any breakout above or below these levels will require a quick adjustment to your trading strategy.
Stay vigilant and be ready to adjust positions as market conditions evolve.
With no major news over the weekend, the focus shifts back to technical trading. For this week, we are mainly looking at:
Long positions in the 2615-2605 support zone.
Short positions in the 2636-2648 resistance zone.
Key Considerations for the Week:
Pay close attention to the support and resistance lines. Any breakout above or below these levels will require a quick adjustment to your trading strategy.
Stay vigilant and be ready to adjust positions as market conditions evolve.
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