GOLD On The Rise! BUY!

19 thg 8, 2023

My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 1889.2.
Bias - Bullish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1915.80
Safe Stop Loss - 1876.3

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK