Last night, world gold prices reached their highest level in the past 6 weeks of 1,960 USD/ounce. After that, the gold price cooled down and by 6 a.m. on October 19, it was trading at 1,950 USD/ounce, up 26 USD compared to the price at the same time the previous day of 1,924 USD/ounce.
Risk aversion became deeper in the market as the military conflict in the Middle East region escalated. Since then, many investors have turned to gold for a safe haven for capital. This helps gold prices continue to heat up today.
Critical Support: 1926 - 1914
Important Resistance Levels: 1960 - 1966.6 - 1970
Recommended day trading:
XAUUSD SELLING CATCH IN 1961-1963
Stoploss : 1966
Take Profit 1 : 1955
Take Profit 2: 1950
Take Profit 3: 1945
CAN BUY XAUUSD IN 1923 - 1924
Stoploss : 1920
Take Profit 1 : 1925
Take Profit 2: 1930
Take Profit 3: 1935
Risk aversion became deeper in the market as the military conflict in the Middle East region escalated. Since then, many investors have turned to gold for a safe haven for capital. This helps gold prices continue to heat up today.
Critical Support: 1926 - 1914
Important Resistance Levels: 1960 - 1966.6 - 1970
Recommended day trading:
XAUUSD SELLING CATCH IN 1961-1963
Stoploss : 1966
Take Profit 1 : 1955
Take Profit 2: 1950
Take Profit 3: 1945
CAN BUY XAUUSD IN 1923 - 1924
Stoploss : 1920
Take Profit 1 : 1925
Take Profit 2: 1930
Take Profit 3: 1935
Comment:
waiting hit my entry
Comment:
notice active plan sell
Comment:
SELL gold now 1875-1877
Comment:
Just like my analysis, you have seen that wonderful thing, right?
Trade active
Trade closed: target reached:
FULL TP + 500 pips
