Gold has rallied up to 4600 plus pips since September. Now this area is extremely important, price has approached this area and got rejected multiple times. If bulls managed to break 3900 than expect gold to rally up to 3950.
But if this area gets rejected again than I’m expecting a solid Sell off which is due now. Plus we cannot ignore Israel Gaza situation, if everything goes well with Trump plan than Selling pressure will be on Gold.
If resistance on daily gets rejected than I’ll sell and my targets will be support levels
S1 - 3840
S2 - 3780
S3 - 3750
S4 - 3700
S5 - 3650-30
Now most important thing if price approaches any of these levels and gets rejected on daily tf than I’ll buy so if price goes down book partials at these levels and place sl at entry to make Sells risk free.
But if this area gets rejected again than I’m expecting a solid Sell off which is due now. Plus we cannot ignore Israel Gaza situation, if everything goes well with Trump plan than Selling pressure will be on Gold.
If resistance on daily gets rejected than I’ll sell and my targets will be support levels
S1 - 3840
S2 - 3780
S3 - 3750
S4 - 3700
S5 - 3650-30
Now most important thing if price approaches any of these levels and gets rejected on daily tf than I’ll buy so if price goes down book partials at these levels and place sl at entry to make Sells risk free.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.