TradingView
peterbokma
Jul 8, 2022 10:29 AM

GOLD-BUY strategy Long

GOLD (US$/OZ)TVC

Description

Cycle wise we are going lower, but for now, we are little deep into 2/1 GANN resistance. The trend change cycle calculated seems to be around 22nd July 2022 +/- 1 day...

for now strategy BUY 1,720-1,735 and take profit 1,775-1,780 area.

Medium-term SELL 1,780 and take profit 1,650.
Comments
Alloys
Gold is scary at the moment. So, in line with your strategy. I am opting to be safer... because I am scared 🤣 I have placed future orders. Sell@1780 and Buy@1650. I rather wait for these orders to be executed... even if it takes weeks. Anyway, good luck my friend.
More