Based on market-geometry and ring-pattern, Gold wants to go to 1500 zone (as support for reaching 3000), for reaching, needs at least reach 1995-zone, and then water-fall. Knowing gold's behavior is very likely a false big break to 2050-2150-zone, before the great fall as stop hunt. Don't be surprised if you see 2k levels in a few days.
Confirmations:
1830-breakout.
Oversold in M30, H1, H4, D1, W. (RSI and BB%)
SL: 1750
TPS: 1850, 1900, 1950, 1995
Confirmations:
1830-breakout.
Oversold in M30, H1, H4, D1, W. (RSI and BB%)
SL: 1750
TPS: 1850, 1900, 1950, 1995
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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.