www.tradingview.com/chart/0rMKUP7J/
Following yesterday's break above 2050, gold has shifted its running zone within the 2030-2060 framework. Playing the bullish front appears to be advantageous for today's trading zone.
Buy zone: 2039-2040
Buy zone: 2030-2033
Sell zone: 2050, but if the chart shows strong momentum, there's a chance of a break.
Sell zone: 2054-2056. If H4 and daily charts indicate a potential reversal, with a retreat of 500-600 points.
Sell zone: 2060. Monitor the upcoming chart's momentum. If the strength fades before reaching 2061-2062, consider entering short positions.
Following yesterday's break above 2050, gold has shifted its running zone within the 2030-2060 framework. Playing the bullish front appears to be advantageous for today's trading zone.
Buy zone: 2039-2040
Buy zone: 2030-2033
Sell zone: 2050, but if the chart shows strong momentum, there's a chance of a break.
Sell zone: 2054-2056. If H4 and daily charts indicate a potential reversal, with a retreat of 500-600 points.
Sell zone: 2060. Monitor the upcoming chart's momentum. If the strength fades before reaching 2061-2062, consider entering short positions.