You can clearly see that A and B is a resistance level and 3 is the completion of bullish three drive pattern which results a 1.272 extension of B. Second TP should be around 1300 if it breaks the trendline.
In my opinion it is too early to go long on Gold.
I anticipate the price to go exactly where your 1.272 extension is and if that happens,then we will have a really good opportunity to go long on Gold.
It's just my analysis tho and noone knows for sure what is going to happen.I trade what I see and that's what I see for now
I anticipate the price to go exactly where your 1.272 extension is and if that happens,then we will have a really good opportunity to go long on Gold.
It's just my analysis tho and noone knows for sure what is going to happen.I trade what I see and that's what I see for now