boyinjungle

Gold Daily analysis 14.02.2023

OANDA:XAUUSD   Gold Spot / U.S. Dollar
If gold closes above 1858 then it can go high upto 1882 by following the value zone 1

If gold closes below 1848 then it can fall further upto 1790 following value zone 2

So for now I suggest to wait for breakout from the small triangle formed from intersection of both the value zones with confirmation candle in 4 hrs.

Here are my ideas
BUY STOP 1864 SL 1858 TP 1880
SELL STOP 1848 SL 1858 TP 1828

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