GOLD đ Beautiful setup is brewing - BUY @trendline support đč
BUY near the trend-line around 2323$
TARGET đŻ - 2400$
SL đ - 2296$
RR RATIO - 1:3
TARGET đŻ - 2400$
SL đ - 2296$
RR RATIO - 1:3
Kommentera:
StART Accumulating KIngs ...RIGHT time for accumulation
Kommentera:
Gold price maintains a positive outlook
The gold price edges higher on the day. GOLD keeps the bullish vibe unchanged as XAU/USD remains above the key 100-day Exponential Moving Average (EMA) on the four-hour chart.
The upward momentum is reinforced by the 14-day Relative Strength Index (RSI), which is in the bullish zone at 52.70, indicating the support level is likely to hold rather than break.
A high of May 10 at $2,378 acts as an immediate resistance level for the precious metal. Extended gains will pave the way to the $2,400 psychological level. A break above this level will see a rally to an all-time high near $2,432, en route to the $2,500 round figure.
On the other hand, the crucial support level will emerge around the $2,325â$2,340 zone, portraying the confluence of the resistance-turned-support level and the 100-period EMA. The breach of this level will expose a low of May 2 at $2,281.
The gold price edges higher on the day. GOLD keeps the bullish vibe unchanged as XAU/USD remains above the key 100-day Exponential Moving Average (EMA) on the four-hour chart.
The upward momentum is reinforced by the 14-day Relative Strength Index (RSI), which is in the bullish zone at 52.70, indicating the support level is likely to hold rather than break.
A high of May 10 at $2,378 acts as an immediate resistance level for the precious metal. Extended gains will pave the way to the $2,400 psychological level. A break above this level will see a rally to an all-time high near $2,432, en route to the $2,500 round figure.
On the other hand, the crucial support level will emerge around the $2,325â$2,340 zone, portraying the confluence of the resistance-turned-support level and the 100-period EMA. The breach of this level will expose a low of May 2 at $2,281.
Kommentera:
GOLD has made the base around 2330-2335 price range any dip towards this range is an buying opportunity for the target of 2400 .
ADD the dip FOLKS đ
ADD the dip FOLKS đ
Kommentera:
TRAIL your stop loss right now
Kommentera:
Dont forget to book your profits @ 2400 .
Anything could happen
Anything could happen
Trade stÀngt: mÄlet nÄtt:
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