Gold- Stuck in a newly established range. Will support give away

5 thg 9

Yesterday, Gold once again touched the critical support zone between 2470-2475, and, as before, bulls managed to defend it, causing a price rebound.

While at first glance this support appears solid, I believe it will eventually give way, with the price likely dropping to at least 2450.

Of course, I could be wrong, which is why I’ve set my invalidation level in the 2515-2520 zone.

My swing trade strategy remains unchanged: sell into rallies.

5 thg 9

Giao dịch đang hoạt động

My trade at this moment is not looking good at all and stop loss is a strong possibility

5 thg 9

Đóng lệnh: dừng lỗ

Part of trading:)