idhamhakimi1992

Gold Probability to go for buy is high.

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
As for me, I could see CFD Gold probability to go for buy is high. As I can see rejection at the support Area. However, If you zoom out, you could see gold is doing corrective seller. It means gold is declining in price but only in slow manner. In a long term, gold is bullish as the impulsive buyer is very big and can be clearly seen. It may go down some more, to find the nearest support. It is up to our account whether can hold with the movement or not. Please note that, the current price is near the support area. However, it may not go up and can go down some more. always remember RBS and SBR. Wait for tomorrow how the price will react.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.