Gold price expectations and trading opportunities within the sideways channel or after a flat-correction
Free Gold trading signals and Gold Price Outlook Today
GOLD
Buy @ 1218
tp @ 1232
sl @ 1211
Explain the Gold trading signals to buy gold above the support level
Gold is preferred to buy on the market price as long as the price of gold above the support level 1211 as a stop loss level
And taking the profit at 1232 to automatically exit the profit
Gold Technical Analysis Today , Gold Outlook and Gold trading signals
Gold trend over the medium term is very bearish and the bearish trend continues
And the direction of gold in the near term and during trading this week and the formation of gold channel price cross
Between resistance level 1235 and support level 1218
The price of the gold formed the cross-sectional correction pattern and the end of the pattern near the 1218 level is considered an opportunity to buy
The RSI gave an early warning signal for the rise in gold prices on the hourly frame and the index rose to the highest level of 30%, which is a near-term buy signal
The reflective candlestick pattern, known as the bullish candle, appeared on the four hour chart which represents an opportunity to enter into long positions