$1320/22 target
Hi,
Reverse position on gold since the low at 126x
As commented in previous idea, there is a likely resistance around $1308.
If bulls have enough power, we can draw a likely bearish channel with 0.618 as intersection of price/channel around 1320/22$
Gap still not filled around $1345.
Reverse position on gold since the low at 126x
As commented in previous idea, there is a likely resistance around $1308.
If bulls have enough power, we can draw a likely bearish channel with 0.618 as intersection of price/channel around 1320/22$
Gap still not filled around $1345.
Note
Opened position :Long at $1264 + $1291 (twice)
TP1 1308
TP2 1320
Note
Long $1291 stopped at BE.Re-long at 83 and 82 on bullish 5-0
TP almost unchanged : $1318/1320
Note
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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.