XAUUSD Cautious Buy
Although the price of gold is affected by the change in interest rates and caused to fall, I think the price will fluctuate in the range of $1640-1672, I will try to buy at $1745-1748 with a stop loss set at $1735-1738. Short term trading should not be greedy and always be ready to leave the market.
Also I support my view with a broader time period chart where the gray area is where price is potentially staying.
https://www.tradingview.com/x/rGD9G66x/
Subscribe and Share
Also I support my view with a broader time period chart where the gray area is where price is potentially staying.
https://www.tradingview.com/x/rGD9G66x/
Subscribe and Share
Related publications
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.