📅Date: 11/08/2022
➡️Trading instrument: XAUUSD (GOLD)
📊Priority direction: BUY
💬Comment: There is support for the current growth in metals, open sales at today's levels do not carry the likelihood of a downward reversal. Technically, it is assumed that the lowest level that the price can touch now is $1660. Upside potential is located at the $1691 resistance, a fairly conservative target, as buyers are likely to drive the price up to $1727 from there. The second target is best considered after reaching the first and after partial profit taking.
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👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
➡️Trading instrument: XAUUSD (GOLD)
📊Priority direction: BUY
💬Comment: There is support for the current growth in metals, open sales at today's levels do not carry the likelihood of a downward reversal. Technically, it is assumed that the lowest level that the price can touch now is $1660. Upside potential is located at the $1691 resistance, a fairly conservative target, as buyers are likely to drive the price up to $1727 from there. The second target is best considered after reaching the first and after partial profit taking.
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Comment:
Trade closed✅
