if you remember in morning ,i say breal low can push down gold to fibo 161% (left fibo) i pick buy there (green arrow buy place for hold 7-8 day )
now gold try touch SMA200 daily and then if break high , reach upper trend line around 1805 (low inflation news from fed and reduce bond buy will push gold uper)
marketwatch.com/story/fed-slows-down-bond-buying-says-factors-boosting-inflation-are-expected-to-be-transitory-11635962420?mod=home-page
if you have open sell ,you must put sl or hedge buystop on 1797(break last high,mean new + trend will start)
if you have buy ,dont panic,fear , put sl or hedge selstop in 1730
let see my daily chart and candel condition
prnt.sc/1ya4dff
now gold try touch SMA200 daily and then if break high , reach upper trend line around 1805 (low inflation news from fed and reduce bond buy will push gold uper)
marketwatch.com/story/fed-slows-down-bond-buying-says-factors-boosting-inflation-are-expected-to-be-transitory-11635962420?mod=home-page
if you have open sell ,you must put sl or hedge buystop on 1797(break last high,mean new + trend will start)
if you have buy ,dont panic,fear , put sl or hedge selstop in 1730
let see my daily chart and candel condition
prnt.sc/1ya4dff
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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.
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.