hi everybody, gold in H1 is still bullish, as you saw the US dollar index is getting weak in last week ...
after a sharp break out at ~1939, and reached to 1960, then started a trading range for 2 consecutive days...actually bulls need more Liquidity, ,so i think after pullback we have a good chance for taking long position (swing trade)
entry price 1940 ( a great support level) ...
targets : 1950 (round number) - 1960 - and prior high (1963.5) and even 1970
i usually take partial exit in my swing positions...
good luck
after a sharp break out at ~1939, and reached to 1960, then started a trading range for 2 consecutive days...actually bulls need more Liquidity, ,so i think after pullback we have a good chance for taking long position (swing trade)
entry price 1940 ( a great support level) ...
targets : 1950 (round number) - 1960 - and prior high (1963.5) and even 1970
i usually take partial exit in my swing positions...
good luck