GOLD ,the market is overextended but that docent mean it wont continue to buy,its not your money neither is it my money that is driving gold price, the central banks are responsible .
if the central banks resume Monday to buy gold it will be looking on 15min/30min structure at 3574-3578 to buy back. if we break below 3578 on 30min i will be watching 3511-3516 zone for buy .
my goal is to hold my sell zone at 3599-3600 till gold drops to 3500-3493 level
the weekly sentiment will tell if gold will come to 3462-descending trending line connect 3511 buy floor on Friday.
Another zone to watch is 3566-3560 ascending trend line for buy and the breakout will justify 3511 demand floor.
PLS THIS IS MY PERSPECTIVE
WHAT IS YOUR PERSPECTIVE
TRADING IS 100% PROBABILITY
PLS MANAGE YOUR RISK
PROTECT YOUR CAPITAL AT ALL TIME
GOODLUCK.
#GOLD #XAUUSD
if the central banks resume Monday to buy gold it will be looking on 15min/30min structure at 3574-3578 to buy back. if we break below 3578 on 30min i will be watching 3511-3516 zone for buy .
my goal is to hold my sell zone at 3599-3600 till gold drops to 3500-3493 level
the weekly sentiment will tell if gold will come to 3462-descending trending line connect 3511 buy floor on Friday.
Another zone to watch is 3566-3560 ascending trend line for buy and the breakout will justify 3511 demand floor.
PLS THIS IS MY PERSPECTIVE
WHAT IS YOUR PERSPECTIVE
TRADING IS 100% PROBABILITY
PLS MANAGE YOUR RISK
PROTECT YOUR CAPITAL AT ALL TIME
GOODLUCK.
#GOLD #XAUUSD
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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.
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.