
CFDs on Gold (US$ / OZ) forum

Asia Longs
Entry 3738
SL 3731
TP 3660

Gold's short-term resistance remains at 3755-3760, making it a viable area for shorting. However, gold will likely have more momentum today, and downside potential may be limited, as support was already found yesterday. Long positions can be attempted around 3730.
Gold has generally remained within its consolidation range, so shorting at highs and buying at lows is the primary strategy.

if price breaks then it will drop upto 3731
if price faced rejection from this zone then it will go upside to Supply Zone 3751
If momentum sustain it go upside to 3759 Supply Zone-1