Preferred direction: SELL
Comment: After a short-term successful growth, longs for gold were also fixed and now, like for the main currency pairs, we expect a fall. Here everything is a little simpler and the main idea is to update local maxima as well. The first scenario assumes an approximate reversal at the level of 2070, and the second - at the level of 2080. But it cannot be ruled out that the price will fall right at the time of publication of data on NFP without the expected update of the highs. To do this, you can place a pending order below the price in front of the NFP itself. The approximate fall target is 2030 - 2040.
Thank you for like and share your views!
Comment: After a short-term successful growth, longs for gold were also fixed and now, like for the main currency pairs, we expect a fall. Here everything is a little simpler and the main idea is to update local maxima as well. The first scenario assumes an approximate reversal at the level of 2070, and the second - at the level of 2080. But it cannot be ruled out that the price will fall right at the time of publication of data on NFP without the expected update of the highs. To do this, you can place a pending order below the price in front of the NFP itself. The approximate fall target is 2030 - 2040.
Thank you for like and share your views!
Trade stängt: målet nått
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