JohnLiv

Short term view on Gold, 3-4 days North before 1 day retracement

Alış
OANDA:XAUUSD   Spot Altın/ABD Doları
To understand this Idea you would need to look at my Long and Mid term charts, (see links below), 1835 has been tested two times previous, as such a third must be analysed, should gold start south bound movment I see three possible entries, from 1835, 1788 and 1765, it could also bounce of 1772 or even the 1802 previous low making a double bottom. That said I forsee news, Bidens policy on Covid, new vacine all acting positively on the yellow metal.
As said in the title I see3-4 days climb before a retrace, I can see a climb to 1898 before a pull back to the 0.5 fib level closing friday.

For more info pm me or ask in comments.
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.