Gold Spot / U.S. DollarUpdated There is no resistance area that can hinder the rise of gold
Hello ladies and gentlemen
👻Gold continues to rise as predicted currently trading at 1882 USD. The main reason is that last night's news made the USD cool down, causing them to return to a defensive level.
A little technical analysis
👻Gold is being challenged near the 1888 USD area (resistance level). It is likely that after achieving a good increase, Gold will be rejected right at this psychological threshold area, causing gold prices to decrease slightly.
👻In case gold breaks through the price of 1880, we have a SELL order according to the correct strategy in the price range of 1899-1901. According to the chart I'm drawing.
👻Gold continues to rise as predicted currently trading at 1882 USD. The main reason is that last night's news made the USD cool down, causing them to return to a defensive level.
A little technical analysis
👻Gold is being challenged near the 1888 USD area (resistance level). It is likely that after achieving a good increase, Gold will be rejected right at this psychological threshold area, causing gold prices to decrease slightly.
👻In case gold breaks through the price of 1880, we have a SELL order according to the correct strategy in the price range of 1899-1901. According to the chart I'm drawing.
Trade closed: target reached
Plan sell + 80 pips from entry 1880Note
good luck for your tradingNote
All technical analysis is meaningless in the current war situation
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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.
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.