Quick Gold analysis today, see price action at these levels

2022년 1월 17일

Quick Gold analysis today

Here are levels that we were estimated by P&F chart.
Price could re-test 1825-1826 levels. And this week, we'd like to see price re-test previous week high.
If price break 1828-1829 levels, it will test 1833-1834 levels or above that 1844-1844.
However, we think the price could approach higher levels on Wednesday or Friday
*The arrow on above chart represents for 3 Drive price action, that we were used in 5m time frame.

Certainly, we will try to find entries for long positions from lower levels like 1799-1800, 1803-1805.
Price also could re-rest 1811-1812 levels then reversal so, these levels are high risk for long positions.
We just scalp from there.

Let's wait and see how the price reacts with these levels. Just a quick gold analysis and we will have a detail post later.
If you find the article useful or interesting,
Let's comment below !
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Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.