PiPumer

GOLD correction Area Final Moves for Bulls

TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello Friends,
Here in GOLD we've see it into correction area finally about which we have knowledge by seeing history. So in History Gold have done correction for long time around 150 pips. So my First Analysis is of bulls until the resistance area or near to that & to open trades above the 1795. So my view is that it'll do correction into this area like it did in history which is quite profitable. So the target area is around 1822 & above.....
In case Gold break the area 1795 & break the trend its not sure that is fake or real but sure is it'll hit support.
My view on taking bulls as its into trend of bulls, in intraday it has the bulls in control, its into the correction area so it has to stay like in history it did. So after that all i choose bulls as 90% suitable to trade bullish.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.

Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!

P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.

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