because of the trading now above the level of 1700.00 will make the uptrend expected and the Gold might continue in it's upmovements to reaching 1735.00 and that's before bouncing from the resistance levels , good luck .
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because of the trading now above the level of 1700.00 will make the uptrend expected and the Gold might continue in it's upmovements to reaching 1735.00 and that's before bouncing from the resistance levels , good luck .
If a M15 close above 1720 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1670 sell only and do not buy. If price closes back above it again do nothing
The range 1720 and 1670 is neutral area, any trade done in between is personal decision and not part of this analysis
the starting today above the level of 1700.00 make from the Up trend expected and the pair could reach the level of 1739.00 , also we have to know that the pair maybe success in breaking it tonight and that's will be good chance for buying
the pair and as we can see from the chart has closed it's daily candle under the level of 1700.00 , so , that's mean the down trend is still standing and the pair is heading to the level of 1686.00 , good luck .
Gold current trend upward trend and target 1720 stop loss 1735 and 1702, even went for the lowest price point Kasira 1702, the trend is turning bearish targets to 1695 and 1680
think the intervention on eur also favored gold against usd so i'm thinking it may not retrace to 1732 but just move more upward
If a M15 close above 1760 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1670 sell only and do not buy. If price closes back above it again do nothing
The range 1760 and 1670 is neutral area, any trade done in between is personal decision and not part of this analysis
as we can see on the chart , the gold is trading under the level of 1750.00 , any way if the pair succeeded in breaking 1750.00 , it will continue in it's up movements heading to 1764.00 but this not very expected , good luck .
If a M15 close above 1760 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1690 sell only and do not buy. If price closes back above it again do nothing
The range 1760 and 1690 is neutral area, any trade done in between is personal decision and not part of this analysis
I agree with you there. I'm planning to do the same - stay out until that level is crossed and I see a 4H bar closing above it. Then I'll jump in again.
Good luck.