Samson-FX

What is the next goal of gold?

Long
Samson-FX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone!
Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce.

On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no news like this, selling at $ 1933 will become more suitable for the purpose of expanding the scale.
Comment:
The price is moving towards the 1940 resistance zone, this is a good entry point to receive a SELL signal
Comment:
good luck traders
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.