XAUUSD: SUPPORT RETEST AND GOING BACK UP
Hello guys,
1850 proved to be a very solid support area for Gold, and I believe a potential retest of this area is possible as RSI suggests it might be overbought soon. The long term trend is still bullish, with Gold eventually recovering its losses.
SL: If 1850 support is broken, then the trade setup is invalid.
TP1: 1914
TP2: 1930
TP3: 1960
This is not financial advice, please remember that there is a lot of political and economic uncertainty that can influence the market. Always have a stop loss in your trades.
Please leave your feedback in the comments.
1850 proved to be a very solid support area for Gold, and I believe a potential retest of this area is possible as RSI suggests it might be overbought soon. The long term trend is still bullish, with Gold eventually recovering its losses.
SL: If 1850 support is broken, then the trade setup is invalid.
TP1: 1914
TP2: 1930
TP3: 1960
This is not financial advice, please remember that there is a lot of political and economic uncertainty that can influence the market. Always have a stop loss in your trades.
Please leave your feedback in the 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.