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Short-term expectations on GOLD
The week continues without any major moves, but this could change today and tomorrow.
Let's have a look again at our short-term expectations on GOLD.
The current resistance is 1797 and if price breaks above it, then we could expect a continuation up to 1827.
If you will be looking to get involved in this kind of setup, then you need a close above the resistance. The stops goes below the most recent low.
Once you enter you should look for an opportunity to move your SL to breakeven as soon as possible.
We will send out more info on our long-term expectations as well, once we see more movement.
Let's have a look again at our short-term expectations on GOLD.
The current resistance is 1797 and if price breaks above it, then we could expect a continuation up to 1827.
If you will be looking to get involved in this kind of setup, then you need a close above the resistance. The stops goes below the most recent low.
Once you enter you should look for an opportunity to move your SL to breakeven as soon as possible.
We will send out more info on our long-term expectations as well, once we see more movement.
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