The gold market can experience sudden price hikes due to fundamental situations. If the war situation remains stable, there might be a possibility of some corrections in gold prices from a technical point of view. However, it is essential to note that trading against the market trend can be risky.
I opened this trade because of the reasons explained in the chart above. My initial target price is $1951.
I opened this trade because of the reasons explained in the chart above. My initial target price is $1951.
Note
In 1965, I saved half of my profits and made the trade risk-free.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.