Long or Short?
I think my chart is pretty easy to understand.
The most indicators are pretty oversold and we have support near 1379.X.
I would go short if GOLD breaks out of the range and passes our support.
AND
I would go long if GOLD breaks out of the range and retest the blue trendline.
You can see my idea of future price growth of GOLD on the chart. (Yellow field)
The most indicators are pretty oversold and we have support near 1379.X.
I would go short if GOLD breaks out of the range and passes our support.
AND
I would go long if GOLD breaks out of the range and retest the blue trendline.
You can see my idea of future price growth of GOLD on the chart. (Yellow field)
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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.