Gold Update
in our previous analysis we mentioned the targets of gold whether a drop happens. first target has achieved and now if you have missed the move, selling would be only logical from the sell zones plotted on the chart with a stop loss above red line and a profit target that reaches second profit box shown on the chart.
I wont be discussing buy scenario here due the low probability, yet if it happens sellers would be happy to enter with bigger positions
I wont be discussing buy scenario here due the low probability, yet if it happens sellers would be happy to enter with bigger positions
Trade closed: target reached
Second target also achieved without pulling back and let us add to our positionI would like to sell again between 2345-2350 and 2362-2367
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.