Can Gold hit 2800/2900 usd in November?

٢٨ أكتوبر

🔸Hello guys, today let's review 6HOUR price chart for gold. Trading above key s/r zone 2500 usd, most likely downside is very limited as the bulls are still pushing for the new highs.

🔸Key s/r zones defined at 2600 usd / 2700 usd / 2800 usd / 2900 usd.
All dips so far get scooped up and therefore downside remains limited
as the bulls are targeting 2800/2900 usd. Into US elections most
likely we will test 2900 usd.

🔸Price re-accumulated near 2600/2700 usd before clearing resistance
at 2700 usd. right now trading at 2735 usd.

🔸Recommended strategy position traders: BULLS focus on scooping up
dips near 2700 USD, downside remains limited by 2500 USD.
TP1 bulls 2800 usd TP2 bulls 2900 usd. good luck traders!

🎁Please hit the like button and
🎁Leave a comment to support our team!

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

٢٨ أكتوبر

ملاحظة

closing month near monthly highs - indicator of strength of the market

٢٨ أكتوبر

ملاحظة

all shallow dips / pullbacks get scooped up by the bulls

٢٨ أكتوبر

ملاحظة

overall, my target is 2800/2900 usd, it's also on conservative side

٢٩ أكتوبر

ملاحظة

closing in on 2800 already

٣٠ أكتوبر

ملاحظة

WIF daily 100% gains

٢ نوفمبر

ملاحظة

٣ نوفمبر

ملاحظة

Trading Plan