short term strategy for gold
price at the moment is moving between 2 key support and resistant levels.
I expect price can move in the ranged zone for awhile. so below local trend line
will keep dropping however may test around 1960$ before another step down.
in longer timeframe charts I don't see any strong bearish trend yet. so
as long as the key support level 1903$ hold the price I consider it as correction wave.
above the resistant level 1960$ is also tend for more upward pressure. let's see
Enjoy the market
I expect price can move in the ranged zone for awhile. so below local trend line
will keep dropping however may test around 1960$ before another step down.
in longer timeframe charts I don't see any strong bearish trend yet. so
as long as the key support level 1903$ hold the price I consider it as correction wave.
above the resistant level 1960$ is also tend for more upward pressure. let's see
Enjoy the market
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.