Gold Spot / U.S. Dollar
Long
Updated

Gold- Long from support(Short term outlook)

4 079
As I said yesterday, Gold is trading in an annoying range for more than a month now.
The recent drop is not impulsive and I expect the range to continue.
I'm looking to buy with a tight SL in 1870-1875 confluence support for a retesting of resistance
Note
I ve decided to leave the trade open and not close it at 1900 resistance.
New target: 1950

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.