In our analysis yesterday, we looked at the next levels for GOLD
In order to get involved in this move, we've got two entry options.
The first one would be if price goes up to test the resistance of the current range and it shows rejection.
This will give us a good risk to reward ratio but it's a bit risky.
The second one would be to wait for break of previous lows and below the range, then wait for a re-test to make our entry.
This one will give us a better confirmation.
On both entries, our first target will be 1860.
In order to get involved in this move, we've got two entry options.
The first one would be if price goes up to test the resistance of the current range and it shows rejection.
This will give us a good risk to reward ratio but it's a bit risky.
The second one would be to wait for break of previous lows and below the range, then wait for a re-test to make our entry.
This one will give us a better confirmation.
On both entries, our first target will be 1860.
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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Disclaimer
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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.