Today's recommendation is for gold against the dollar


The best entry points Buy Enter a buy position with a pending order above the support levels at 1840.00. Place the stop loss point below the support levels at 1830.07. Move the stop loss to the entry area and continue the profit because the price moves by 50 points. Close half the contracts with a profit adequate to 60 pips and leave the remainder of the contracts Up to strong resistance levels at 1889.78. the simplest entry points to sell a sell position if the worth falls below 1814.28 levels. the simplest point is to put a stop loss above 1825.10 levels. Move the stop loss to the entry area and continue the profit because the price moves by 20 pips. Close half the contracts with Achieve a profit adequate to 25 pips and leave the remaining contracts until the support levels of 1780.18 gold analysis

 Gold prices continued to rise during daily trading, as investors specialize in increasing Covid cases rather than launching the vaccine within us and therefore the UK, where the primary vaccination against the Coronavirus was administered within us on Monday morning after the epidemic killed quite 35 thousand people within the state.




 during this context, NY City Mayor Bill de Blasio and NY Governor Andrew Como said that additional restrictions could also be imposed, with the likelihood of a return to full lockdown.

 De Blasio said: "There may be a possibility that there'll be an entire stop, the shutdown of Cam, within the coming weeks," adding that it's necessary, "We need to steel oneself against that now because we cannot allow this virus to still grow."


 On the technical level, gold continued to rise, trading at levels of $ 1862.81 an oz at the time of writing the report. After the valuable metal broke the falling line (the trend) yesterday, and this was followed by a crossover of the 50 and 100 moving averages on the 60-minute time-frame, which may be a good sign of continued upward movement.

 The liquidity flow indicator also confirms the present bullish trend, because the index tends to rise, indicating the flow of liquidity within the direction of shopping for gold during today's trading.

 Therefore, we expect gold to continue rising from the present price to the support levels of 1889.84 as long because the price stabilizes above the support levels of 1830.00. The entry is taken into account buying from the present price late, but within the event that gold retreats during a correction wave, we recommend that you simply resume buying gold from the support levels at 1839.60. Every decline in gold represents an honest buying opportunity

 We mention that the predominant expected trend for the valuable metal is to rise, especially with the large volume of cash printed within the stimulus programs around the world, so it's necessary to warn the necessity to take care of the management of capital .... while adhering to the numbers within the recommendation.

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