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SupperTrading-FX
Jun 29, 2023 8:27 AM

GOLD 29/06: Forecast for tonight 

GOLD (US$/OZ)TVC

Description

TVC:GOLD Gold nears $1,900 on stronger US Dollar, hawkish central banks
Gold prices attract new sellers after rising intraday to the 1912$-1913$ region and falling into the negative territory for the fourth consecutive day on Thursday. GOLD remains on the defensive during the European session and is currently placed near the lowest level since mid-March

All trends point to a decline in TVC:GOLD , and I expect that to happen too. Looking forward to an extremely great gold buying TVC:GOLD zone around the current price range. Around the 1910$ zone. I expect TVC:GOLD to bounce back to 1930$. However, around this zone, there TVC:GOLD will be a 0.5 fibo zone, so there will be a slight recovery, but then it will increase again.

Stop loss around 70pip for each trade signal. Wish us a lot of profit and win the market
Comments
SupperTrading-FX
What do you think of my opinion, please comment to let me know
truongquochuy1295
1915 tonight?
SupperTrading-FX
@truongquochuy1295, that's right, you can still go to 1924
HL-TradingFX
Thank you for the signal, very good. Hope you will promote it in the long run
SupperTrading-FX
@HL-TradingFX, I feel so happy to hear you say that, it's great that you visit
saabahmad
I dont think gold will be able to make it to 1940-50 by tonight. Your daily range is at 1924. Lets say it will go slightly above up to 1925-7. My personal target is 1922-4. We will surely see momentum before cpi. The chart wont bleed straight from here it has to go to a major resistance
SupperTrading-FX
@saabahmad, Thank you for coming to my post. I just want to emphasize one thing that the main trend of gold will follow this plan. I pray that you and I will reach the same 1924 goal as you say. Hope all the luck will come to you
DNA_TradingFX
Your analysis is pretty good, hope everything goes according to plan
SupperTrading-FX
@DNA_TradingFX, omg, I'm glad you said that
PhamThiHoa84
So at gold's retracement, can I sell and take profit about 40pip?
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