Signal: LONG GOLD
After going parabolic this past few days -- hitting a series of ATH on daily basis, Gold finally took some well deserved respite, and hibernated to tap previous resistance turned support area.
Price is now basing again at this discounted zone -- an ideal seeding area.
Fib tap at 38.2 has been spotted. This is where most buyers converge.
The growth prospect of this next phase in progress is a bit on the generous side. A possible 2500 pip scenario from the current price range.
Long at current price 3330.
Target 3650.
TAYOR. Trade safely.
After going parabolic this past few days -- hitting a series of ATH on daily basis, Gold finally took some well deserved respite, and hibernated to tap previous resistance turned support area.
Price is now basing again at this discounted zone -- an ideal seeding area.
Fib tap at 38.2 has been spotted. This is where most buyers converge.
The growth prospect of this next phase in progress is a bit on the generous side. A possible 2500 pip scenario from the current price range.
Long at current price 3330.
Target 3650.
TAYOR. Trade safely.
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.
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.