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MULTIDIMENSIONALTRADER
Jul 4, 2021 1:25 PM

GOLD outlook for the coming week. Long

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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We are bullish on Gold.

Potential Price action, Zones to look out for are highlighted no the chart with notes.

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What are your thoughts on Gold for the coming week?
Trend AnalysisChart PatternsFundamental Analysis
Comments
ziaulhaq
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i love your signals
MULTIDIMENSIONALTRADER
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@ziaulhaq, Many Thanks!!
adesinaayobami03
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In-depth analysis
MULTIDIMENSIONALTRADER
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@adesinaayobami03, Thanks! hope you find it helpful!
shekharmalhotra90
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@MULTIDIMENSIONALTRADER, what price do you think it will retrace to from where it closed on friday to get in to long position please?
MULTIDIMENSIONALTRADER
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@shekharmalhotra90, 1777-75 is likely. We have an active swing position from 1777.00.
shekharmalhotra90
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@MULTIDIMENSIONALTRADER, thank you buddy. I’m in sells right now do you recommend to set my closing TP at 75 and get in to long from there?
adesinaayobami03
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@MULTIDIMENSIONALTRADER, yes. regarding eurjpy, base on the tp3 you set, do you still think it can get to that point? Because I think it might not go far before it start to go long.
MULTIDIMENSIONALTRADER
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@adesinaayobami03, it's possible EURJPY might not go down to TP3, The trade is up 74pips as we speak. Going to bank most of it and leave a small portion running targeting TP3. If it doesn't reach TP3 no problem as the trade is now protected.
adesinaayobami03
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@MULTIDIMENSIONALTRADER, ok thanks
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