On Friday we saw a confirmed upside direction on GOLD which is still in play and price is currently holding sideways.
That indicates a possible continuation and price most likely reaching 1855!
A significant resistance level ahead of price is 1829.
If you will be entering right now your stops should go below the most recent low at 1783.
Once price breaks above and re-test the first resistance, that's when you can move your stops and maybe even add to your position!
That indicates a possible continuation and price most likely reaching 1855!
A significant resistance level ahead of price is 1829.
If you will be entering right now your stops should go below the most recent low at 1783.
Once price breaks above and re-test the first resistance, that's when you can move your stops and maybe even add to your position!
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.