Here is what to expect on Gold
RECAP:
In our previous analysis the pair was trading @ $1694
We expected the pair to be bullish but did caution that the pair might attempt to touch June 2020 support level
& this is what happened.
None of our positions were triggered which we posted in our previous analysis
but we entered longs/buys around the support level @ $1680 which we posted on our signal group
WHAT TO EXPECT:
Currently @ $1697
We expect the pair to continue its uptrend and try to test support/resistance @ $1750
The pair has to break above the descending triangle to confirm this
The pair is currently forming a bullish harmonic trend on the 1D chart
will post this shortly
OUR POSITIONS:
Currently in an active buy
Buy Stop @: $1710
Buy Stop TP @: $1740
No Sell Stop positions have been opened
link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
RECAP:
In our previous analysis the pair was trading @ $1694
We expected the pair to be bullish but did caution that the pair might attempt to touch June 2020 support level
& this is what happened.
None of our positions were triggered which we posted in our previous analysis
but we entered longs/buys around the support level @ $1680 which we posted on our signal group
WHAT TO EXPECT:
Currently @ $1697
We expect the pair to continue its uptrend and try to test support/resistance @ $1750
The pair has to break above the descending triangle to confirm this
The pair is currently forming a bullish harmonic trend on the 1D chart
will post this shortly
OUR POSITIONS:
Currently in an active buy
Buy Stop @: $1710
Buy Stop TP @: $1740
No Sell Stop positions have been opened
link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
