karagis75

Gold needs to hold 1660 to 1670.. short term target 1760

Long
karagis75 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold needs to hold 1660 to 1670. this month..Charts looks dangerous.. if 1660 is not held.. this looks massive descending triangle confirmation from Aug 2020... targeting 1260...long term. I am still open for this view unless downtrend line is broken on the upside and stays above at least for two days...

. As of now it looks over sold with DSI around 8....more chances of reaching 1760 to 1770 before going down...61.8% retracement of range 151 dollars is possibe (1831 -1681) which gives target around 1770.
Trade closed: target reached
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