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Gold Analysis: Best level to buy XAUUSD?

307
Dear traders, in my previous idea, I mentioned about selling XAUUSD at 2050 level.
As you can see, price dropped from that level and reached my final TP.

Currently, I am exploring the bullish scenario for Gold. As price is at the 100-day
EMA, and it appears to be consolidating, there's a chance that the institutional
buyers could step in at this level
.

So, traders can consider long entries in Gold@1930-1940 with SL below the 100-day
EMA and TP at 2050 as long as price does not fall below the EMA
.
Not
Price has already moved close to 1970, almost 1.5% up since I posted

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.