Hi Traders. In yesterday's Gold analysis, i talked about multiple scenarios so that you can be prepared for various situations.
As Gold is currently chopping around 1830 - 1835, it's exactly when we should be observing rather than jumping into different positions.
1. Gold is still moving back & forth around 1830 - 1835, it could always reject then move back to the previous low at 1810
2. If price continues to push upwards, be aware of possible choppy condition as price goes into some range bound environment
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
As Gold is currently chopping around 1830 - 1835, it's exactly when we should be observing rather than jumping into different positions.
1. Gold is still moving back & forth around 1830 - 1835, it could always reject then move back to the previous low at 1810
2. If price continues to push upwards, be aware of possible choppy condition as price goes into some range bound environment
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
