Preferred direction: BUY
Comment: Metals after the corrective movement are considered for medium-term long. There is no need to talk about the short term yet. The most likely scenario for gold is growth from the level of 2343.869 (scenario №1). To do this, it is necessary to close above the level of 2343.869, thereby forming a false breakout after such an aggressive approach to the specified support level.
Scenario №2 assumes growth after a deeper correction towards the level of 2300. In this area, using a similar format, according to scenario №1, one can expect growth towards the target at the level of 2431.590.
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Comment: Metals after the corrective movement are considered for medium-term long. There is no need to talk about the short term yet. The most likely scenario for gold is growth from the level of 2343.869 (scenario №1). To do this, it is necessary to close above the level of 2343.869, thereby forming a false breakout after such an aggressive approach to the specified support level.
Scenario №2 assumes growth after a deeper correction towards the level of 2300. In this area, using a similar format, according to scenario №1, one can expect growth towards the target at the level of 2431.590.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Transaction en cours
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.