GOLD - DAY TRADE VIEW. Long

GoldOANDA

Description

⋅ Aug 19, 2020 2:17 PM

GOLD- Strong buying momentum is there on the hourly candles,
Buy at current price 1984 MOMENTUM POSITIVE ( APPROACH SHOULD BE BUY ON DIPS )

Potential upside target 1996 - 2005
Stop & Reverse 1979
Potential downside after reverse 1964

All the best cheers ....Happy trading

Traders, If you liked my analysis or have an opinion about this given levels , write in the comment section.

Thanks !!

Trade closed: target reached

⋅ Aug 19, 2020 2:59 PM

stop & reversed achieved +100pips overall

Comments

Jeams_stonis

⋅ Aug 20, 2020 8:12 AM

Excellent

Martinez_2002

⋅ Aug 19, 2020 2:49 PM

Or 1900

Martinez_2002

⋅ Aug 19, 2020 2:48 PM

Lower high, lower low - think 1950 mayb

Professor_GS

⋅ Aug 19, 2020 2:51 PM

@Martinez_2002, 1964 is what am expecting

samankob

⋅ Aug 19, 2020 2:57 PM

@PulakPriyesh, ok very good Trid , what is the next target in your view point?

Professor_GS

⋅ Aug 19, 2020 3:12 PM

@samankob, expecting back to 1976 from 1964