20th January Gold Outlook: $1923 & $1915 Support with $1943 TP
Strong Momentum driven rally took Gold above $1920 and Tested $1937
While uptrend continues to dominate price action, any pullback towards
support areas of $1923 and $1915 will be used by Buyers to add value
long positions for reaching next leg higher $1943 and extended Target $1956
Strategy:
Buy Between $1923-$1918
SL $1900
Take Profit $1943
Take Profit $1956
Alternative:
Sell at $1943 & $1956
SL $1975
Take Profit $1930
Take Profit $1920
This is only for Education purpose, Not a Trading Recommendation. Do Own Research Before Trade.
While uptrend continues to dominate price action, any pullback towards
support areas of $1923 and $1915 will be used by Buyers to add value
long positions for reaching next leg higher $1943 and extended Target $1956
Strategy:
Buy Between $1923-$1918
SL $1900
Take Profit $1943
Take Profit $1956
Alternative:
Sell at $1943 & $1956
SL $1975
Take Profit $1930
Take Profit $1920
This is only for Education purpose, Not a Trading Recommendation. Do Own Research Before Trade.
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.
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.