After the hard crash of the stock markets (and cryptocurrency markets) we've seen gold suddenly take a big plunge. Obviously, you remember your trading lessons and you don't panic sell here. Instead, you buy the dip.
I marked a yellow area on this chart where I highlight the area I would still feel comfortable buying. If the price goes above $1940 a new uptrend might have started towards $2000 and I would say you missed the train.
Make sure to always have proper risk-reward for your trades. Don't buy too far in the middle between support and resistance.
I suggest a nice long trade here towards the ~$2000 region with a buy close to support around ~$1920. Good luck!
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
I marked a yellow area on this chart where I highlight the area I would still feel comfortable buying. If the price goes above $1940 a new uptrend might have started towards $2000 and I would say you missed the train.
Make sure to always have proper risk-reward for your trades. Don't buy too far in the middle between support and resistance.
I suggest a nice long trade here towards the ~$2000 region with a buy close to support around ~$1920. Good luck!
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Trade active
The price fell down very nicely deep into the buy zone. I hope some of you have had the opportunity to get a great entry on XAU/USD (Gold) here.The green candle that was just printed on the 1h shows confirmation on the support zone. We might be in for a great trade here! Good luck.
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
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.
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
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.