After a good beginning of last week with the price reaching a high of 1855, Gold took a dive on Thursday and dropped to 1820 zone strong support (marked by a lot of previous lows and highs and also by 50%-61% zone fibo retracement)
On Friday we have a small Pin Bar in this support and this can be an indication that the fall has stopped.
In my opinion, the drop from 1855 is just a correction of 1785-1855 leg up and now the price is ready to resume its upward movement.
This being said I favor long positions and I will look to buy dips in 1820 support zone.
My short term target is 1850 and only a drop under last week's low would change my opinion
On Friday we have a small Pin Bar in this support and this can be an indication that the fall has stopped.
In my opinion, the drop from 1855 is just a correction of 1785-1855 leg up and now the price is ready to resume its upward movement.
This being said I favor long positions and I will look to buy dips in 1820 support zone.
My short term target is 1850 and only a drop under last week's low would change my opinion
交易進行
Opened long trade at 1818.00
📈 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。
📈 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。