Gold Fundamental Analysis – June 7th 2018
Should price action for Gold remain inside the or breakout above the 1,289.60 to 1,301.50 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1,297.00
Take Profit Zone: 1,356.55 – 1,364.95
Stop Loss Level: 1,281.85
Should price action for Gold breakdown below 1,289.60 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1,285.00
Take Profit Zone: 1,247.20 – 1,260.40
Stop Loss Level: 1,301.50
Read the fundamental analysis here paxforex.com/forex-fundamental-analysis/gold-june-7th-2018
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1,297.00
Take Profit Zone: 1,356.55 – 1,364.95
Stop Loss Level: 1,281.85
Should price action for Gold breakdown below 1,289.60 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1,285.00
Take Profit Zone: 1,247.20 – 1,260.40
Stop Loss Level: 1,301.50
Read the fundamental analysis here paxforex.com/forex-fundamental-analysis/gold-june-7th-2018
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