Refer the chart for detailed analysis ;
GOLD - Gold is trading on the verge of breakout on hourly candles, but it is on the corner side of triangular breakout which can move in any direction, It's better to wait and watch at this time and I am mentioning a proper buy and sell entry levels so one can place a pending orders. Follow the levels.
Above 1958 it's a buy for potential upside 1974
Below 1946 it can drag down to 1934 & 1924 as well
Currently trading at 1950 so approach should be wait and watch for the breakout on either side.
I will come up with more analysis on GOLD in few hours so stay tuned to my tradingview.
Traders, if you like any analysis hit the like button, share with the fellow traders and if you have any things to discuss about trading write in the comment section, I would be happy to help.
Cheers ....Happy trading...All the best
Thanks !!
GOLD - Gold is trading on the verge of breakout on hourly candles, but it is on the corner side of triangular breakout which can move in any direction, It's better to wait and watch at this time and I am mentioning a proper buy and sell entry levels so one can place a pending orders. Follow the levels.
Above 1958 it's a buy for potential upside 1974
Below 1946 it can drag down to 1934 & 1924 as well
Currently trading at 1950 so approach should be wait and watch for the breakout on either side.
I will come up with more analysis on GOLD in few hours so stay tuned to my tradingview.
Traders, if you like any analysis hit the like button, share with the fellow traders and if you have any things to discuss about trading write in the comment section, I would be happy to help.
Cheers ....Happy trading...All the best
Thanks !!
Trade closed: target reached
