GOLDTREND-NET

GOLD - Swing Model Shows 1920 A Possible Target

Long
GOLDTREND-NET Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Our mathematical swing model shows gold could possibly swing as high as 1920 in approximately 11 trading sessions, as long as gold can stay on the parabolic arc. The swing top can be identified when gold breaks the arc.
Buy when gold touches the arc, sell when it breaks down.
Comment:
Trade active:
If gold can closes above 1803 by the end of the day, it is going to break 1815 on Friday session.

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.