Swing-Trades
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Swing-Trades
Up in analysing it is clear that Gold have broke the rising wedge, if it provides the retest area of 1992-1995 for a sell entry than one can expect to see 1963 as target with major support.
Swing-Trades
Before news expecting 1982 and once news out 1970. If good close below 1970 than as per broken rising wedge possible gold can touch 1953.1st target achievedAll target Reached
Swing-Trades
Upon analyzing in shorter time frame I see two potential levels upside. 1834 & 1848
Swing-Trades
Upon observing gold in a daily time frame i see the trend has been down and last weeks pull upside was to retest the near resistance of (1980-1984) range. Chart is making an inverse Cup&Handle and also near trendline support. expectation is that gold will fall from current levels till immediate support around 1902-1905 and final target of 1820 with Stop above 1990.Dear Friends, 1st target of 1890 hit. $70 profit cam. Please trail your Stop Loss 1921 or book half Qty here bringing you Stop Loss to entry for 1820 Target.All target achieved friends, thanks for watching.
Swing-Trades
Gold is making a rising wedge and got rejected from resistance (upper band).if we break the chart in lower timeframe (5 mins or 15 mins), it has given entry and there are two potential targets we have on card. targets are marked with a good risk to reward ratios.Update 1: Target 1 reached, update your stop loss to entry (cost to cost) or trail it with 1920. since the trend is changed and gold may possible touch 1880 too.First target reached, second target trailing SL
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