This is my analysis for Gold. The price is reaching one of the resistance zone in 1879-1880. Based on current movement, I would say the price will break this resistance and will continue the bullish run. it is advisable to buy now or maybe wait for but limit in 1874 approximately. but, if you want to trade on confirmation, just wait for the breakout and you can simply entry a bigger lot size and wait for the TP in 1910-1916!
Trade Idea : Long
Price : Buy Now or Buy Limit (1874 -1873)
Take Profit : 1910 -1916
Stop Loss : 50-60 Pips
Disclaimer!
This analysis does not give traders any confirmation on trading execution! It is for educational purposes only. You can refer this analysis and outlook for trading idea but trade at your own risk and trust your analysis first! Thank you and good luck for everyone!
Trade Idea : Long
Price : Buy Now or Buy Limit (1874 -1873)
Take Profit : 1910 -1916
Stop Loss : 50-60 Pips
Disclaimer!
This analysis does not give traders any confirmation on trading execution! It is for educational purposes only. You can refer this analysis and outlook for trading idea but trade at your own risk and trust your analysis first! Thank you and good luck for everyone!