UnknownUnicorn15614419

TS ❕ GOLD: trade in range

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As expected, now the maximum level to which gold can rise is 1827.950. In the future, if the price manages to close in the range of 1813.885 - 1827.950, then further growth can be expected. Otherwise, the direction of the metal will be towards the level of 1800.

BUY scenario: This buy deal implies a trade within the range 1813.885 - 1827.950. Therefore, the long is considered strictly from 1813.885 with the target of 1827.950. In this case, the risk/reward ratio of 1/2 and 1/3 is considered.

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