Professor_GS

GOLD : DAY TRADE VIEW

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone, this is the projection line drawn by the guidance of our Professor
There is a multiple support and resistances showing today in the range 1830-1840 as because the market seems to be in range bound from last few trading session. Currently the market seems to be in a narrow range with a dull move.

Recommend for trading
Buy range 1830-1832
Stop loss 1824
Potential upside target : 1838 : 1845

The momentum can change during any event or news which can drive it, so this level will get updated in the channel time to time so stay update in the channel for more recent trends analysis of Gold and it's trading move.

Wish you all a very Good day
Thanks
Team_Professor

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.