Gold is in no hurry to grow and continue the short-term uptrend with the target in the Target Zone 1974 – 1967. Now the price is trading slightly above the trend key support of 1913 – 1910. To enter purchases look for a corresponding pattern.
To enter gold sales, traders need to break out level 1910 and consolidate the price below. In this case, the short-term trend will reverse down, so look for sales with a target in the lower Target Zone 1877 – 1870.
XAUUSD trading ideas for today:
Buy according to the pattern in Intermediary Zone 1913 – 1910.
TakeProfit: 1949.
StopLoss: according to the pattern rules.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
