Gold analysis today: 2650-2660 range is oversold adjustment
Updated
Gold analysis today: 2650-2660 range is oversold adjustment
It is still a familiar rule
After all long positions were liquidated due to oversold
Gold stabilized around 2650, and the Asian session arrived as expected, starting to support the market.
Next we need to take preventive measures:
1: If the gold price stabilizes at 2660-2665 again
Long ideas:
BUY: 2660
SL: 2640
TP: 2700-2720-2750
2: If the gold price runs in the 2645-2660 range
Short ideas:
SELL: 2655
SL: 2670
TP: 2630-2620-2600
The above is today's intraday trading ideas
Next I will continue to post
Give specific suggestions
It is still a familiar rule
After all long positions were liquidated due to oversold
Gold stabilized around 2650, and the Asian session arrived as expected, starting to support the market.
Next we need to take preventive measures:
1: If the gold price stabilizes at 2660-2665 again
Long ideas:
BUY: 2660
SL: 2640
TP: 2700-2720-2750
2: If the gold price runs in the 2645-2660 range
Short ideas:
SELL: 2655
SL: 2670
TP: 2630-2620-2600
The above is today's intraday trading ideas
Next I will continue to post
Give specific suggestions
Trade active
Trade closed: target reached
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