“Investors are looking for a safe haven as risks from tensions in the Middle East increase. If the geopolitical situation becomes gloomier, gold prices will likely rise to 2,000 USD/oz this year"
_ "The market will always have unstable fluctuations. When entering an order, make sure that the risk has been set up at the same time" Ed Seykota .
_Gold has had a very impressive week and I hope everyone will profit by buying up.
_Whether gold can increase in price 2000 or not, let the market answer. As for the present, we are seeing gold being challenged at the 1930-1960 resistance zone.
_Ok, I believe you can also see strong bullish candles and there are not any divergence reversal warning signals from indicators such as RSI or MACD or STOCHASTIC, so should you enter the order? sell or not
_Personally, I prefer to buy rather than sell, because I think there is a possibility that gold will continue to rise, possibly reaching the 1960 price level and we will look for a sell signal such as a divergence or a double peak pattern.... .Tell me what you think?
_The problem here is that it will be very difficult for us to find good buying points if you trade in time frames like H1 or H4 so you have to trade in smaller time frames like M15 or M1 and this is What I did last week to get winning orders with 5R profit.I know many traders are stuck in sell orders at the price level 1874-1877, so I think if you intend to sell, it would be better to wait for sell signals on time frames like h4.
_ "The market will always have unstable fluctuations. When entering an order, make sure that the risk has been set up at the same time" Ed Seykota .
_Gold has had a very impressive week and I hope everyone will profit by buying up.
_Whether gold can increase in price 2000 or not, let the market answer. As for the present, we are seeing gold being challenged at the 1930-1960 resistance zone.
_Ok, I believe you can also see strong bullish candles and there are not any divergence reversal warning signals from indicators such as RSI or MACD or STOCHASTIC, so should you enter the order? sell or not
_Personally, I prefer to buy rather than sell, because I think there is a possibility that gold will continue to rise, possibly reaching the 1960 price level and we will look for a sell signal such as a divergence or a double peak pattern.... .Tell me what you think?
_The problem here is that it will be very difficult for us to find good buying points if you trade in time frames like H1 or H4 so you have to trade in smaller time frames like M15 or M1 and this is What I did last week to get winning orders with 5R profit.I know many traders are stuck in sell orders at the price level 1874-1877, so I think if you intend to sell, it would be better to wait for sell signals on time frames like h4.