I yesterday's comment I said that Gold can correct to 1935 or even 1910. Bulls are too strong though and the exit from USD is massive.
Gold corrected some, indeed, but at 1940 buyers came into market strongly and quickly put the price above 1950 zone.
Now the price is 1972 and looks like will pass 2k zone without much opposition.
Dips should be bought and the first interest zone is 1960
As said, 1940 si now strong support and bulls don't have much to worry as long as the price stays above this zone
Gold corrected some, indeed, but at 1940 buyers came into market strongly and quickly put the price above 1950 zone.
Now the price is 1972 and looks like will pass 2k zone without much opposition.
Dips should be bought and the first interest zone is 1960
As said, 1940 si now strong support and bulls don't have much to worry as long as the price stays above this zone
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.