gold is looking bullish, will hit 2345 soon.
已更新
Based on my technical analysis, gold has reached an all-time high with a current price of $2,469 USD. Indicators on the daily chart suggest that gold is currently overbought, and a retracement is likely. Historically, gold tends to drop after forming a new high, and it is now forming its third consecutive peak in this pattern.
Considering this, I predict a bearish movement of approximately 350 pips, bringing the price down to around $2,445 USD before potentially resuming its upward trend. This prediction is supported by past price behavior and overbought conditions observed in the market.
It is crucial to use stop-loss orders and follow risk management practices to mitigate potential losses during this anticipated retracement.
Considering this, I predict a bearish movement of approximately 350 pips, bringing the price down to around $2,445 USD before potentially resuming its upward trend. This prediction is supported by past price behavior and overbought conditions observed in the market.
It is crucial to use stop-loss orders and follow risk management practices to mitigate potential losses during this anticipated retracement.
交易結束：目標達成
TP 1 HITshift SL at entry point
___________________
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。