The 1H chart show that the price already linger around the resistance for a quite of time, and the weekly chart show the indicate for rising
The addition news about how China and Asian react to COVID 19 also add some fuel to the fire, with the China new year holidays come near and this country still hadn't open the border yet, there is the high chance that most of the supply chain will be affected (mostly US). The investor may abandon the stocks and flood in Gold to save their money. So buying GOLD until the next April.
Stop Loss around 1720.400
Take profit at infinity, or until the time is up.
The addition news about how China and Asian react to COVID 19 also add some fuel to the fire, with the China new year holidays come near and this country still hadn't open the border yet, there is the high chance that most of the supply chain will be affected (mostly US). The investor may abandon the stocks and flood in Gold to save their money. So buying GOLD until the next April.
Stop Loss around 1720.400
Take profit at infinity, or until the time is up.
Trade closed: target reached:
as predicted, gold hit all time high at 2000 and then going down at April.
Good money come with good passion :D
Happy pip everyone!
Good money come with good passion :D
Happy pip everyone!