boyinjungle

Gold Daily Analysis 10.08.2022

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Today we have CPI news. So we expect high volume in US time.
Gold is bullish. But the trend is weak as gap is less between highs and lows. However we may see sideways movement before bulls take over. Presetly gold is forming a triangle and today we may see a high of 1804 or make a low near 1780.

BUY 1780 SL 1766 TP 1800
SELL 1808 SL 1812 TP 1798

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.