Gold 4 hour chart Long 05 January target 460 pips
After seeing a fake breakout to 2593 gold reversed and held to 2622 which is thenreal level of support.
Based on weekly and daily trend lines and key support areas my plan for the coming few days is to monitor at market open and go into a sell expecting a drop to 2618/17 before monitering for rejection and buying up to previous daily resistance at 2664/5 for a total of 460 pips on the buy and 190 pips on the sell .
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.