Hello traders! My technical indicators and analysis suggest that gold is likely to be a buy if it breaks out above the level of 2497-2498 and subsequently retests this level as support. On the other hand, if gold breaks down below the support level of 2493-2494 and then retests it, we may consider a potential sell opportunity, similar to yesterday.
Note
now we can consider selling as of now!Note
now buying is completed we can consider a selling!Note
news events are affecting us it may will go upwards in the first news then we can consider a pull back in the second news event. Be careful!
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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.