Hello Friends,
Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88.
In case dollar strengthen we should expect a drop to around 55 and 45
So as always make sure you have these levels around for a trade but add your own logic and intuition into it.
Be honorable.
Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88.
In case dollar strengthen we should expect a drop to around 55 and 45
So as always make sure you have these levels around for a trade but add your own logic and intuition into it.
Be honorable.
Comment:
So We're moving down
Comment:
58 is supporting the price for now
Comment:
price is going down for demand
Comment:
Couldn't get through 58 level
Comment:
60 pips from level 60 enjoy
Comment:
buyers are not giving up
Comment:
movement has stopped at 65
Comment:
let's see if we break through 68 level
Comment:
another drop from 68-61 70 pips profit
Comment:
market is reacting to 77 level
Comment:
50 pips profit from level 77
Comment:
110 pips from level 77
Comment:
Market keeps going down fantastic
Comment:
From 77 - 63 140 pips
Comment:
Perfect reaction to 55
Comment:
100 pips from 55 level
Comment:
let's see if it reaches 77 again
Comment:
let's see if next demand level get's tested
Comment:
another reaction to level 55
Comment:
Gold is going for level 51
