Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in GOLD .. I still did my best and this is the most likely count for me at the moment .. Support the idea with like and follow my profile TO SEE MORE Traders, if you liked this idea or if you have your own opinion about it,...
Im thinking it will come down to the 0786 (1806 area) on the fib before i enter a long position.
Im guessing cos of holiday week its gonna end up being pretty range bound, IMO 1800-1820, if one of these do break expect down to 1770-1790 before a bounce back up, or vice versa 1820-1850 before it comes back down ready for next week where i think the big bull or bear movement will happen. (OPINION) What do you think???
Hi everyone, in this technical analysis I will go into depth on the current chart of gold. We have seen such fantastic volatility recently because of events like the US elections and the release of information on vaccines. This creates great trading opportunities and for scalp traders this is a dream come true. When you are trading gold on the shorter timeframes...