Confused for gold
Confused for gold
Demand for gold is rising due to US economic woes as well as rising numbers of new coronaviruses.
But traders are still waiting for President Biden's economic solutions to be implemented, which is why gold is stuck in the 1829 and 1812 price ranges.
Technically: If the price is successful, it will successfully pass one of the levels (Buy @ 1829.15 Tp@1846.93, Sell @1812.69 TP@1797.80)
The next price targets are available as you can see in the picture
(Buy @ 1829.15 Tp@1846.93, Sell @1812.69 TP@1797.80)
But to trade without a loss in these market conditions, especially For gold position, is very risky and wrong
Demand for gold is rising due to US economic woes as well as rising numbers of new coronaviruses.
But traders are still waiting for President Biden's economic solutions to be implemented, which is why gold is stuck in the 1829 and 1812 price ranges.
Technically: If the price is successful, it will successfully pass one of the levels (Buy @ 1829.15 Tp@1846.93, Sell @1812.69 TP@1797.80)
The next price targets are available as you can see in the picture
(Buy @ 1829.15 Tp@1846.93, Sell @1812.69 TP@1797.80)
But to trade without a loss in these market conditions, especially For gold position, is very risky and wrong
Related publications
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.
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.