Gold continues to strengthen within a short-term uptrend. Yesterday, the Gold Zone 1826 – 1825 was broken out. The next growth target is the Target Zone 2 1843 – 1840. Consider new gold purchases on correction at strong support levels, the Additional Zone 1828 – 1827 and the Intermediary Zone 1820 – 1819.
To enter purchases, wait for a test of the supports indicated above and the reversal pattern formation.
There are currently no conditions for gold sales.
XAUUSD trading ideas for today:
- Buy according to the pattern in Additional Zone 1828 – 1827.
TakeProfit: 1835.
StopLoss: according to the pattern rules. - Buy according to the pattern in Intermediary Zone 1820 – 1819.
TakeProfit: 1835.
StopLoss: according to the pattern rules.
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