As I said in my weekend analysis, 1820 zone could be a good place to buy Gold in anticipation of o correction.
After a short-lived sell-off yesterday on the Asian session, Gold found bids just in this strong support zone and has started correcting.
On a short time frame chart, we can clearly see that higher lows are in place at this point and 1850 zone offers resistance so far.
I expect a new leg up to compleat this correction and gains should accelerate towards 1880 once 1850 zone is cleared.
Buy dips remains my strategy for the yellow metal
After a short-lived sell-off yesterday on the Asian session, Gold found bids just in this strong support zone and has started correcting.
On a short time frame chart, we can clearly see that higher lows are in place at this point and 1850 zone offers resistance so far.
I expect a new leg up to compleat this correction and gains should accelerate towards 1880 once 1850 zone is cleared.
Buy dips remains my strategy for the yellow metal
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Pubblicazioni correlate
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.