Hi, Last week gold has been traded in a tight range between 1250 and 1262 and it closes at 1251.3 (FXCM's feed is the only one which has a closed at 50). In a range, buy the bottom and sell the top. So I will looking to add more long position above 1250$ on Gold with a SL at 1244.
Already long at 1246$ (see related ideas below), i will target 1271/72 for early days of the next week. Gold is maybe forming a bearish flag in a daily downtrend. There are nice projections / expansions fibo confluence of AB and CD leg targeting this area and a previous strucutre (supply zone) to be retested.
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.