As I said in my weekend analysis, 1820 zone could be a good place to buy Gold in anticipation of o correction.
After a short-lived sell-off yesterday on the Asian session, Gold found bids just in this strong support zone and has started correcting.
On a short time frame chart, we can clearly see that higher lows are in place at this point and 1850 zone offers resistance so far.
I expect a new leg up to compleat this correction and gains should accelerate towards 1880 once 1850 zone is cleared.
Buy dips remains my strategy for the yellow metal
After a short-lived sell-off yesterday on the Asian session, Gold found bids just in this strong support zone and has started correcting.
On a short time frame chart, we can clearly see that higher lows are in place at this point and 1850 zone offers resistance so far.
I expect a new leg up to compleat this correction and gains should accelerate towards 1880 once 1850 zone is cleared.
Buy dips remains my strategy for the yellow metal
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.