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Take Profit - Market Watch: GOLD Analysis - 04.03
Mar 04 at 08:42
Member Since Sep 09, 2024
15 posts
Yesterday on gold quotations continued to grow from the support (B) 2862 - 2853. If the price consolidates above 2904, we can expect a new upward momentum to the historical maximum around 2956. The breakdown of this level will allow to continue the growth to the upper Target Zone 3019 - 3006.
If support (B) 2862 - 2853 is broken downward during the trading, the short-term trend will change to a downtrend. In this case, it will be favorable to consider sales with a target at the lower Target Zone 2768 - 2750.Trading decisions on GOLD for today:Hold purchases near the support (B) 2862 - 2853. Take Profit: 2904, 2956. Stop Loss: at breakeven.

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