Morgan_Jack

Gold prices maintain range trading, a narrow range of 2172-2180

Morgan_Jack Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Modern Jack believes that the U.S. dollar is performing well in the Asian market. The expectation is that there will be some small support near 104.3. Then the probability of gold prices remaining in the range of 2172-2180 is relatively high. Operationally, range trading is maintained. This was despite a sharp reduction in holdings in the largest gold ETF over the weekend. But the impact of rising risk aversion is huge. And the interval support of 2172-2170 also exists. Considering the current situation.
It is ideal to maintain the principle of buying low, selling high


Trade active:
There is a certain profit from buying at the low level of the range
Trade active:
Don't be impatient during the trading process. patiently waiting
Trade active:
Gold prices have reached lower buying prices. I think buying opportunities still exist

Click t.me/Jack_Morgan0 or copy to Telegram and leave a message: Good deal. You can get free and accurate trading signals.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.