Gold Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Gold is currently in an active trade after we saw price action break a massive range near 1930.00
The most likely scenario from here is price action hits our 2000.00 level then consolidates.
Trade scenario 2: Look for rejection from our 2000.00 resistance level. Ideally, we can see clean structure after a short period of consolidation.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Gold is currently in an active trade after we saw price action break a massive range near 1930.00
The most likely scenario from here is price action hits our 2000.00 level then consolidates.
Trade scenario 2: Look for rejection from our 2000.00 resistance level. Ideally, we can see clean structure after a short period of consolidation.
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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.