GOLD today on the H1 frame is holding a Bullish position after touching the short-term support zone of 1986. With the current trend of GOLD, the long-term trend cannot be clearly assessed.
It is likely that GOLD will have a breakthrough in the near future, creating a long-term downtrend.
My opinion: Trade order 11/23
Purchase limit 1982-1984
SL 1979 (Low volume BUY zone - Testing short term support)
SOLD 1998-2000
SL 2002 . (If GOLD breaks the SELL position at this time, it is likely that GOLD will increase sharply to the 2020 price.
It is likely that GOLD will have a breakthrough in the near future, creating a long-term downtrend.
My opinion: Trade order 11/23
Purchase limit 1982-1984
SL 1979 (Low volume BUY zone - Testing short term support)
SOLD 1998-2000
SL 2002 . (If GOLD breaks the SELL position at this time, it is likely that GOLD will increase sharply to the 2020 price.
Commento:
GOLD 1993 DONE 50PIP
Commento:
GOLD trend down to 1990 price, profit more than 80 PIP
Commento:
GOLD PRICE INCREASED STRONGLY IN 2018