A swift evaluation is conducted based on a single day without look back.
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 34.52 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1678.80 - 1721.46.
Prices are consolidating between 1658.1 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1716.03.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1648.35
The trend moving average: 1685.8
SAR: 1667.03
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 34.52 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1678.80 - 1721.46.
Prices are consolidating between 1658.1 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1716.03.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1648.35
The trend moving average: 1685.8
SAR: 1667.03