20th January Gold Outlook: $1923 & $1915 Support with $1943 TP
Strong Momentum driven rally took Gold above $1920 and Tested $1937
While uptrend continues to dominate price action, any pullback towards
support areas of $1923 and $1915 will be used by Buyers to add value
long positions for reaching next leg higher $1943 and extended Target $1956
Strategy:
Buy Between $1923-$1918
SL $1900
Take Profit $1943
Take Profit $1956
Alternative:
Sell at $1943 & $1956
SL $1975
Take Profit $1930
Take Profit $1920
This is only for Education purpose, Not a Trading Recommendation. Do Own Research Before Trade.
While uptrend continues to dominate price action, any pullback towards
support areas of $1923 and $1915 will be used by Buyers to add value
long positions for reaching next leg higher $1943 and extended Target $1956
Strategy:
Buy Between $1923-$1918
SL $1900
Take Profit $1943
Take Profit $1956
Alternative:
Sell at $1943 & $1956
SL $1975
Take Profit $1930
Take Profit $1920
This is only for Education purpose, Not a Trading Recommendation. Do Own Research Before Trade.
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