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Viktor_strifor_analyst
Mar 4, 2024 4:46 PM

Strifor || GOLD-Week Starting Long

GoldOANDA

Description

Preferred direction: BUY
Comment: Previous long-trades in gold and silver have been completely fixed with profit, but short-trades are out of the question. At the moment, there is a strong limit buyer working for metals, and most likely the price is heading to a historical maximum at the level of 2140. This week is rich in the publication of economic data, so an approach to this target at the level of 2140 is not excluded at the moment.
We highlight two main scenarios with a common target at the level of 2140, after which we can try to enter a short-term sale.


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Trade active

⚡️New short-term idea for GOLD⚡️

Trade closed: target reached

Comments
skornyakadam
Hi! Why did you define 2020 as a short term reversal lvl?
Thanks for your answer!
Viktor_strifor_analyst
@skornyakadam, You mean previous ideas?
Where it was buy-priority, for example this one:
skornyakadam
@Viktor_strifor_analyst, sorry, I meant 2120 in your original chart.
Viktor_strifor_analyst
@skornyakadam, Since this is a historical high and a fairly popular maneuver is a short-term rebound from such a high in the framework of the first approach of the price (first test)
Viktor_strifor_analyst
What do you think about it?
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