GOLD HAS A GOOD BUY SETUP
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REASONS TO GO LONG ON GOLD:
GOOD SUPPORT ESTABLISHED ABOVE KEY R/S LEVEL @1740/50
BULLISH RALLYING SPOTTED ON H1/H4 AS RIGHT SHOULDER OF A HEAD-AND-SHOULDERS PATTERN
THERE IS INEFFICIENCY TO MITIGATE AROUND @1810-1830
MARKET COULD GET LESS OPTIMISTIC IN THE COMING DAYS OR THAT USD WEAKENS
NB: We're approaching the end of the year and this precious metal can get very volatile. So, manage your risk properly.
Also, the R:R of this setup is 1:4, which is very good.
Kindly drop your comment in the section below. Let me know what you think. Thank you.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
REASONS TO GO LONG ON GOLD:
GOOD SUPPORT ESTABLISHED ABOVE KEY R/S LEVEL @1740/50
BULLISH RALLYING SPOTTED ON H1/H4 AS RIGHT SHOULDER OF A HEAD-AND-SHOULDERS PATTERN
THERE IS INEFFICIENCY TO MITIGATE AROUND @1810-1830
MARKET COULD GET LESS OPTIMISTIC IN THE COMING DAYS OR THAT USD WEAKENS
NB: We're approaching the end of the year and this precious metal can get very volatile. So, manage your risk properly.
Also, the R:R of this setup is 1:4, which is very good.
Kindly drop your comment in the section below. Let me know what you think. Thank you.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.