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Trading Signal GOLD - 30 / 08 / 2022 - 16:00 (GMT +3)


Instrument: GOLD

Previous Close 1737

Change 0.03 %

Current 1732

52 Week High 2003

52 Week Low 1706

30 Days ATR 22

40 Weeks ATR 38


Support & Resistances

1720 1745

1706 1754

1680 1765


Trend & Condition

Downwards
Strong


Comments

A Medium probability, entry signal to go SHORT
was given at 1730 after the market found resistance at 1745. Only the upward break of 1745 would cancel the bearish scenario and take us LONG.

Position & Trade Probability

Position : SHORT                         
Entry :  1730 
SL :  1745

Trade P. :  Medium                
TP1 : 1706
TP2 : 1680

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of investment research.
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