2 POSSIBLE SCENARIOS FOR GOLD

2 POSSIBLE SCENARIOS FOR GOLD.

not favoring any of the scenarios. my bottom is $1250 or $1243.

Note

1243 will be a key support, a break below will see $1235-1320.

Note

bottom can be as low as $1230

Note

DO NOT BUY! this has broke the bottom of the channel. im expecting atleast $1230 by end of friday session

Note

typo key support is $1243-1230. sorry

Note

Note

THIS CHANNEL IS STILL VALID! i long until 1268-1275

Note

trading scenario #2

Note

out of my long

Note

i will be waiting until 1205 or near to long again. currently got 0.4 lot shorts

Note

$1205 is 38% retracement from dec bottom to may top.

Loii

Also on:

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.

Loii

Also on: