GOLD - Buying dips within the channel
Gold is Bullish - We look to Buy at 1787
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 1787.
▪️ We have a 50% Fibonacci pullback level of 1787.77 from 1757.49 to 1818.05.
▪️ The medium term bias remains bullish.
▪️ Preferred trade is to buy on dips.
▪️ Expect trading to remain mixed and volatile.
Stop: 1780
Target1: 1820
Target2: 1830
▪️ Trading within a Bullish Channel formation.
▪️ Bespoke support is located at 1787.
▪️ We have a 50% Fibonacci pullback level of 1787.77 from 1757.49 to 1818.05.
▪️ The medium term bias remains bullish.
▪️ Preferred trade is to buy on dips.
▪️ Expect trading to remain mixed and volatile.
Stop: 1780
Target1: 1820
Target2: 1830
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