No change in view.
One can see clearly double bottom for GOLD and also good support cloud @ $ 1,800 area.
The MACD is negative still (lagging indicator) and that hampers the up move for now.
Strategy BUY $ 1,905 - 1,910 and take profit @ $ 2,040. I think we should try to hold this for the better return, but place a stop-loss below $ 1,865 for now.
One can see clearly double bottom for GOLD and also good support cloud @ $ 1,800 area.
The MACD is negative still (lagging indicator) and that hampers the up move for now.
Strategy BUY $ 1,905 - 1,910 and take profit @ $ 2,040. I think we should try to hold this for the better return, but place a stop-loss below $ 1,865 for now.
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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.