Signal Gold 01-05/8/2022
The market turning point next week is the price area of 1768
Case 1: If the price area is broken 1768 and there is a confirmation candle, Gold continues to rise to the resistance area of 1811
Case 2: If the market does not break the 1768 area and there is a confirmation candle, Gold will have a downward correction to the 1741 area before increasing again to the 1768 area.
Conclusion:
Wait for a confirmation signal before deciding to enter the market.
Option 1: Buy stop 1771 TP 1807 SL 1761
Option 2: Buy; 1 1754, Buy 2; 1742, Sl 1737, TP1; 1768, TP2 1791
Case 1: If the price area is broken 1768 and there is a confirmation candle, Gold continues to rise to the resistance area of 1811
Case 2: If the market does not break the 1768 area and there is a confirmation candle, Gold will have a downward correction to the 1741 area before increasing again to the 1768 area.
Conclusion:
Wait for a confirmation signal before deciding to enter the market.
Option 1: Buy stop 1771 TP 1807 SL 1761
Option 2: Buy; 1 1754, Buy 2; 1742, Sl 1737, TP1; 1768, TP2 1791
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