Gold on the daily time frame shows on very interesting setup that can goes either way.
It will all depend on how gold will close today.
Buy:
Close above upper range, 1272 or higher.
Take Profit: 1292
Stop Loss: 1264
Sell:
Close below lower range, around 1269 or lower.
Take Profit: 1235
Stop loss: 1278, if 1260 breaks move stop loss to entry price, from there move stop down $5 for every $10 gold goes down :)
It will all depend on how gold will close today.
Buy:
Close above upper range, 1272 or higher.
Take Profit: 1292
Stop Loss: 1264
Sell:
Close below lower range, around 1269 or lower.
Take Profit: 1235
Stop loss: 1278, if 1260 breaks move stop loss to entry price, from there move stop down $5 for every $10 gold goes down :)
Trade active
sell activeSL 1275
TP Open
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.