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Xauusd gold have buy opportunity

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On the flip side, the $1,910 area is likely to act as an immediate hurdle ahead of the overnight swing high, around the $1,916 zone. The subsequent move up could lift the Gold price beyond the $1,925 intermediate resistance, towards the $1,934-$1,935 resistance and the $1,942 supply zone. A sustained strength beyond the latter might trigger a short-covering rally towards the $1,954-$1,955 resistance en route to the $1,965 area, which coincides with the 100-day SMA and should act as a key pivotal point. Hence, some follow-through buying will negate the negative outlook and shift the near-term bias in favour of bullish traders.

Gold buy zone 1904-1900

Target 1910
Target 1920
Target 1930
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1 target hit 100 pips done ✅
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Xauusd
mark_115
Beyond Technical Analysisgoldbuygoldbuysetupgold-tradinggoldtradingstrategyHarmonic PatternsTrend Analysis

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.
Beyond Technical Analysisgoldbuygoldbuysetupgold-tradinggoldtradingstrategyHarmonic PatternsTrend Analysis
mark_115

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.