GOLD 17 May 2022
The daily expected volatility is around 1.35%
With an 80% accuracy based on the historical data, we can assume that the price of GOLD/XAUUSD today is going to be between
TOP 1850
BOT 1800
All of this taken into account with the opening price of today which was 1824
From VOLUME POC point of view its above 1820, which imply a bullish momentum at this very moment.
From Fundamental/News point of view that can affect GOLD price:
In 10h from now, FED Chair Poweel speaks
Having said that, if you decide to enter into a long trade for today
stop loss 1820
take profit if you want a daytrade you can go for 1830/1835
The daily expected volatility is around 1.35%
With an 80% accuracy based on the historical data, we can assume that the price of GOLD/XAUUSD today is going to be between
TOP 1850
BOT 1800
All of this taken into account with the opening price of today which was 1824
From VOLUME POC point of view its above 1820, which imply a bullish momentum at this very moment.
From Fundamental/News point of view that can affect GOLD price:
In 10h from now, FED Chair Poweel speaks
Having said that, if you decide to enter into a long trade for today
stop loss 1820
take profit if you want a daytrade you can go for 1830/1835
🔻My Website: hercules.trading
🔻Binance : cutt.ly/3Fpy1w4
🔻Discord : cutt.ly/kWfhNxo
🔻Telegram : cutt.ly/URHIExq
🔻Premium TV : cutt.ly/ZFpy695
🔻Binance : cutt.ly/3Fpy1w4
🔻Discord : cutt.ly/kWfhNxo
🔻Telegram : cutt.ly/URHIExq
🔻Premium TV : cutt.ly/ZFpy695