Hello Friends,
Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88.
In case dollar strengthen we should expect a drop to around 55 and 45
So as always make sure you have these levels around for a trade but add your own logic and intuition into it.
Be honorable.
Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88.
In case dollar strengthen we should expect a drop to around 55 and 45
So as always make sure you have these levels around for a trade but add your own logic and intuition into it.
Be honorable.
Note
So We're moving downNote
58 is supporting the price for nowNote
price is going down for demandNote
Couldn't get through 58 levelNote
60 pips from level 60 enjoyNote
buyers are not giving upNote
movement has stopped at 65Note
let's see if we break through 68 levelNote
another drop from 68-61 70 pips profitNote
market is reacting to 77 levelNote
50 pips profit from level 77Note
110 pips from level 77Note
Market keeps going down fantasticNote
From 77 - 63 140 pipsNote
Perfect reaction to 55Note
100 pips from 55 levelNote
let's see if it reaches 77 againNote
let's see if next demand level get's testedNote
another reaction to level 55Note
Gold is going for level 51
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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.