Gold is heading back to 1960 area.

20 de mai. de 2021

If price can’t lift off at current level, a correction back to recent SnR level at around 1840 is predictable. My plan is to buy at that area if price range and exhaust at 1840 and the 4H trend line, which give a better risk reward ratio about 8.5. If the SnR level do not hold, I will just sit back and do nothing until next good opportunity comes. Patience is the key.