Gold : 1830-1852 level is ideal for long positions
Retracement is likely to finish around 1845-52 handle / 1830 weekly support . Speculative Sentiment Index is around 80% so its not that easy for the bulls to come back soon however since the trend is up better is to split the positions and add long position every dip targeting 1920+ and stop loss or manual close below the EMA 50 major support
Signal : Long at market price
Strategy : Split positions
Pending orders : Buy Limit @ 1841 and 1831
Stop Loss / Parallel position below 1790
Target : 1920 +
Signal : Long at market price
Strategy : Split positions
Pending orders : Buy Limit @ 1841 and 1831
Stop Loss / Parallel position below 1790
Target : 1920 +
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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.