One last bull momentum? #GOLD
In the 4h chart (right) we see how the price is using the moving average as a support all this week but remember tomorrow is non-farm payroll day so is expected a lot of volatility. So the price can fall very quickly looking for $1328.28 or even $1324.50 wich are excellent prices for a buy entry with a good risk reward ratio. The targets are: $1346.50 and even $1355.00. Anyway stary cautious and prepare for the weeks closure.
Good Vibes
Good Vibes
Trade closed: target reached
The trade close in T.P. And now its time to wait the next market movemment.
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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.