Get started
UnknownUnicorn13514545

Gold : Short term range of 1858-1880 possible for coming days

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
UnknownUnicorn13514545  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis Gold goldanalysis goldsignals goldidea goldforecast XAUUSD xauusdsignal xauusdforecast
1
1
trendanalysis indicator beyondta gold goldanalysis goldsignals goldidea goldforecast xauusd xauusdsignal xauusdforecast
Around 1890 investors done their profit booking and its clearly visible in the chart , now we are seeing a 100-150 pip range forming inside 1858-1880 .Most probably this range will continue for some days and then we are expecting a minor correction below the 1850 handle since we have a strong resistance around the weekly upside channel and its tested one time (1890) . Stop hunts are possible 50 pips +- 1880 and 1852 so better is to scalp inside the Hourly TF range.


Trend : Up
Hourly : Range ( 1858-1880)
Signal : Short Scalp in the range top (1880-1883) and Long scalp in the range bottom (1852-1849)
Stop loss : Manual below 1852 and above 1880
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.