금 (US$ / OZ) CFDs
Long
업데이트됨

Gold(XAUUSD) Bullish Moves to continue ??

140
Yesterday price moved up about 4.2% now it seems like it's slowing down, we should be cautious in taking fresh long entries as price might consolidate or retrace till the level of 4221, with said that doesn't mean taking shorts to capture corrective moves for the upswing we saw.

Ideally we should be waiting till we find some nice bullish setup or a range bound consolidation breakout of which would trigger buying signal.

Immediate support is at 4225, and significant resistance is at 4380.
Patience is the key for today. Buying trades should be preferred as momentum is very strong.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.
액티브 트레이드
Bounced back form the support of 4221 as expected now, it may retest 4370.

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