GOLD choice for next week
GOLD now shows us the continuation of the Downtrend
However, there is a contradiction in time frames
If SELL right now we can follow the H4 wave
In the situation where Gold breaks out of the downtrend, we can wait to Buy when XAUUSD returns to the short-term DOW uptrend value.
Short-term target can reach 1870USD
However, there is a contradiction in time frames
If SELL right now we can follow the H4 wave
In the situation where Gold breaks out of the downtrend, we can wait to Buy when XAUUSD returns to the short-term DOW uptrend value.
Short-term target can reach 1870USD
sell at the price range 1847 1846
Stop loss 1851
Take profit 1: 1840
Take profit 2: 1835
Take profit 3: 1830
Buy soup at the price range 1823 1825
Stop Loss: 1820
Take profit 1: 1835
Take Profit 2:1844
Take profit 3: 1850
Note: Always set TP and SL in all trading cases