I charted on the previous analysis of price movements by range $ 1,462-$ 1,477 as support, and has now become resistance.
The current price trend refers to the monthly time frame is medium up trend, while in the weekly time frame is medium and the down trend for some time ahead if the decline continues going to retest the low price at $ 1400 level-$ 1,395.
to signal the day's trading, watch the price movement at the level of $ 1,430 if it is able to survive at the level of the price, then you can make an order to buy. moving average price of about $ 41 these days, and the price has moved down by 55% of the average daily.
GOLD TRADING SIGNAL | ||||||
SELL | : | 1460 | BUY | : | 1430 | |
SL | : | 1470 | SL | : | 1425 | |
TP | : | 1440 | TP | : | 1445 |
Have a Nice Trade
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