GOLD 4H LONG
Gold
Insight - Weekly trend moving in an upwards channel and a downtrend inside the channel. Support 1562.37 - 0% on the fib so price should go upwards unless pushed down by fundamental events. Price is likely to go long break resistance at 1584.27
Intraday : Buy
Trade: Buy
Buy or above 1562.37
Target TP: 1584.27 & 1597.81
Pivot and support: 1562.37
Trade: Sell
Sell Below 1562.37
Target:1548.78 & 1536.27
Insight - Weekly trend moving in an upwards channel and a downtrend inside the channel. Support 1562.37 - 0% on the fib so price should go upwards unless pushed down by fundamental events. Price is likely to go long break resistance at 1584.27
Intraday : Buy
Trade: Buy
Buy or above 1562.37
Target TP: 1584.27 & 1597.81
Pivot and support: 1562.37
Trade: Sell
Sell Below 1562.37
Target:1548.78 & 1536.27
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