Strifor || GOLD-06/03/2024
Preferred direction: BUY
Comment: Metals continue to be ahead of everyone, and here all the parameters for entering a long remained exactly the same, that is, at the beginning of the week, the setup for long remained the same, and we are actively trading according to scenario №1. At the same time, we are gradually approaching our target at the level of 2140, where the historical maximum of gold is located. According to the same scenario №1, near this level, one can consider a fairly effective setup for a rebound when the historical maximum is reached in the frameworks of the first test.
One can count on a downward movement within the daily statistical norm for instrument movement, that is, ~2000 points.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Metals continue to be ahead of everyone, and here all the parameters for entering a long remained exactly the same, that is, at the beginning of the week, the setup for long remained the same, and we are actively trading according to scenario №1. At the same time, we are gradually approaching our target at the level of 2140, where the historical maximum of gold is located. According to the same scenario №1, near this level, one can consider a fairly effective setup for a rebound when the historical maximum is reached in the frameworks of the first test.
One can count on a downward movement within the daily statistical norm for instrument movement, that is, ~2000 points.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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