At the end of yesterday's session, precious metal Gold officially conquered the threshold of $ 1900, just like the analysis video at the end of the week, closing yesterday's session with a strong bullish candle, so in At the beginning of today's trading session, it is highly likely that GOLD will continue to gain momentum around 1905-1910.
- Looking at the daily time frame we can see that Gold has moved around the next resistance level at 1905-1910. If this resistance area can be overcome, the price levels 193x-195x will appear. So my personal opinion at 1905-1910 we can establish a short position with precious metal Gold getting around 1885-1895. When we reach this price range, we consider a signal to buy back to 1900. And wait for the price reaction here to have the next option.
TP: 18XX
Profit:
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