Oro / DollaroLong
Gold Buy the Dips for $40 - $50 move
High Probability Gold Trading Set Up
Following yesterday's $1824 high and $1810 close, a pull back and consolidation towards $1800 - $1795 is very likely.
Since the short term trend is bullish, Buyers are likely to accumulate long positions at the test of support zone.
It is a high probability that the Gold rally may resume to retest recent high of $1824 and extend the upmove to $1842 which is 50% Fibonacci level of $2070 - $1614 major correctional wave.
This Buy set up will remain valid as long as 38.2% Fibonacci level $1788 remains active support.
Following yesterday's $1824 high and $1810 close, a pull back and consolidation towards $1800 - $1795 is very likely.
Since the short term trend is bullish, Buyers are likely to accumulate long positions at the test of support zone.
It is a high probability that the Gold rally may resume to retest recent high of $1824 and extend the upmove to $1842 which is 50% Fibonacci level of $2070 - $1614 major correctional wave.
This Buy set up will remain valid as long as 38.2% Fibonacci level $1788 remains active support.
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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.