The chart suggests that GOLD will regain upward momentum after hitting a well respected support zone (indicated in yellow) and possibly continue up to 1516.00 price points with the possibility to continue further into record highs.
However, due to golds volatility today the possibility of a breakout of this zone is looking more and more likely, which could be the beginning of strong downward movement for GOLD.
At this moment in time I am long in GOLD as the resistance zone is still being respected. A breakout would mean I will trade short
However, due to golds volatility today the possibility of a breakout of this zone is looking more and more likely, which could be the beginning of strong downward movement for GOLD.
At this moment in time I am long in GOLD as the resistance zone is still being respected. A breakout would mean I will trade short
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.