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sepehr_sanjar
Apr 16, 2022 6:28 AM

Im bullish on Gold ! Long

GoldOANDA

Description

Hello everyone ,
in this chart possible targets are shown .
I see Gold 2200 and 2400 in mid term(under 6 month ) , we can see that the histogram of macd in monthly time frame and also the rsi in weekly are showing the power of possible bullish move.
feel free to ask question .
Thank you for your attention .
this is not a financial advice . CURRENCYCOM:GOLDOANDA:XAUUSDFXOPEN:XAUUSD

Trade active

I was wrong about the timing, but the price reached 2200. I still believe we can see a higher price of 2400 or 2600.

Trade active

The current price is trading at $2330, which is close to our second target of $2400. I belive we still can see a higher price of 2600 in the midterm.

Trade closed: target reached

As you can see on the chart, the target has been reached,However, I believe that the price can still go higher up to 2600.
Comments
isaac_evija
what is the lowest price the gold can reach , and what is the highest price it can go for?
sepehr_sanjar
@isaac_evija, hi, the demand and supplies are make the prices. and any thing can happen, same as oil price reached 0, I am not a forteller, in this idea , in my opinion, above 1800 i am bullish and the final target that i have in my mind for mid term is around 2400
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