XAUUSD Cautious Buy
Although the price of gold is affected by the change in interest rates and caused to fall, I think the price will fluctuate in the range of $1640-1672, I will try to buy at $1745-1748 with a stop loss set at $1735-1738. Short term trading should not be greedy and always be ready to leave the market.
Also I support my view with a broader time period chart where the gray area is where price is potentially staying.
https://www.tradingview.com/x/rGD9G66x/
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Also I support my view with a broader time period chart where the gray area is where price is potentially staying.
https://www.tradingview.com/x/rGD9G66x/
Subscribe and Share
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