hello dear traders , I hope you all are having a great start trading week , here's my intraday analysis for gold a welcome gift from me to you guys since it's been a while since I lastly posted ;)
so if we check the daily chart we can see that the price have broken the most recent daily high at .
this shows that gold getting strenght to keep on with it's bullishness ,but I don't really expect it to push up right away , I'm expecting a correction first toward 1927/1925 these are good price levels to look for long .
if we get a break above 1939 I'm expecting the price to keep on pushing toward 1947/1952 these are good levels to short from .
to summerize , intraday gold is currently bullish , now we might have a correction phase toward 1927/1925 so look for your long signlas arround these levels , a break aboce 1939 would take the price to 1947/1952 levels , you look for your short signals once there , between the mentioned prices is a bit diffecult to get good enteries so be patient .
so if we check the daily chart we can see that the price have broken the most recent daily high at .
this shows that gold getting strenght to keep on with it's bullishness ,but I don't really expect it to push up right away , I'm expecting a correction first toward 1927/1925 these are good price levels to look for long .
if we get a break above 1939 I'm expecting the price to keep on pushing toward 1947/1952 these are good levels to short from .
to summerize , intraday gold is currently bullish , now we might have a correction phase toward 1927/1925 so look for your long signlas arround these levels , a break aboce 1939 would take the price to 1947/1952 levels , you look for your short signals once there , between the mentioned prices is a bit diffecult to get good enteries so be patient .