Intraday Gold idea 19/11/2024
With Gold having a near 100 pip move over Asian session and stalling now at c2625 key level we are at a area of importance where we have to wait and see where gold will go.
Trade ideas:
Bullish:
- If we pullback to 2612 area and fail to break lower that could give us the momentum we need to break through 2627-30 liquidity zone to retest higher areas of interest around 2650-55 before reassessing.
Bearish:
- If we break and close below 2610 an area we struggled to break below yesterday once an area of support was created we can see gold fall close to 170 pips back down to 2590 level before reassessing.
Safest bets:
- Buys for gold with a break and close on the 30min above 2627/2730 with overall target being 2655 but keeping an eye on 2640 and 2647
- Sells with a break and close below 2601 back down to 2590
Trade ideas:
Bullish:
- If we pullback to 2612 area and fail to break lower that could give us the momentum we need to break through 2627-30 liquidity zone to retest higher areas of interest around 2650-55 before reassessing.
Bearish:
- If we break and close below 2610 an area we struggled to break below yesterday once an area of support was created we can see gold fall close to 170 pips back down to 2590 level before reassessing.
Safest bets:
- Buys for gold with a break and close on the 30min above 2627/2730 with overall target being 2655 but keeping an eye on 2640 and 2647
- Sells with a break and close below 2601 back down to 2590
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.