Gold (Intraday) $1800 on Radar!
Hi traders,
As you seen in above chart conflict area of Hull moving average and Trend line
indicates some bullish bias. Moreover Corona virus 2nd wave Halt the economy.
Recommendation:
Buy after break of $1774 level of conflict area.. (dont wait for candle closing)
Levels are: $1785 and $1800.
Stop should be strict at $1763
Precautions: This analysis fails if market will not break $1774 conflict area.
Good Luck!
As you seen in above chart conflict area of Hull moving average and Trend line
indicates some bullish bias. Moreover Corona virus 2nd wave Halt the economy.
Recommendation:
Buy after break of $1774 level of conflict area.. (dont wait for candle closing)
Levels are: $1785 and $1800.
Stop should be strict at $1763
Precautions: This analysis fails if market will not break $1774 conflict area.
Good Luck!
Penafian
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