After reassessing my last trade and going through the latest updates i think that gold prices might increase. The fundamental reasons are obvious like the geopolitical tension and economical warfare between the world's greatest economies.
3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.
Technical Analysis: Supporting Area 3350, 3328, 3300
resistance: 3400, 3440, 3500
3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.
Technical Analysis: Supporting Area 3350, 3328, 3300
resistance: 3400, 3440, 3500
Trade attivo
first target 3415 was reached and now market is back to 3320 testing the supporting area 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.