GOLD 29/05: Sell entry point for the first day of the week

29 thg 5, 2023

GOLD Gold prices fell below three-week descending resistance, around 1950$ at press time, after falling for the past three weeks in a row.

On the other hand, a daily close below resistance turning support around 1,955$ is not an open invitation for Gold sellers as the upward sloping trendline from November 2022, near 1,935$, could challenge the bears before giving them control.

With optimism surrounding the US debt ceiling deal, coupled with key near-term technical support impending, gold sellers should be cautious ahead of the key US Nonfarm Payrolls.

BUY GOLD zone 1940 - 1943

Stoploss: 1935

Take Profit 1: 1948
Take Profit 2: 1953
Take Profit 3: 1948

SELL GOLD zone 1954-1956

Stoploss: 1960

Take Profit 1: 1950
Take Profit 2: 1945
Take Profit 3: 1940

Note: Secure TP, SL to win the market!

29 thg 5, 2023

Ghi chú

Still going as planned
BUY GOLD +30pips✅✅✅

29 thg 5, 2023

Giao dịch đang hoạt động

still in the entry point

30 thg 5, 2023

Giao dịch đang hoạt động

Still on my plan, follow me to get the latest updates