A swift evaluation is conducted based on a single day without look back.
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 32.68 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1685.45 - 1725.85.
Prices are consolidating between 1663 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1717.05.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1656.63
The trend moving average: 1687.19
SAR: 1668.41
GOLD is currently in a bull trend.
Prices are trading in a range of approximately 32.68 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1685.45 - 1725.85.
Prices are consolidating between 1663 - 1747.74.
If strength and trend continue, GOLD is trying to reach 1717.05.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1656.63
The trend moving average: 1687.19
SAR: 1668.41