03:32 pm (GMT +0200)The market is currently trading between 1961.91 and 1968.39. A successful breach above the swing level at 1968.39, it will trigger an entry signal, targeting the take-profit levels at 1970.98 and 1972.28. A protective stop loss is recommended at 1961.91.
Price Action
Thursday, November 16 2023
03:32 pm (GMT +0200)
30 minutes Timeframe
Should Gold manage to breach below the support at 1961.91, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1970.98
Target 2
1972.28
Target 3
1974.87
Target 4
1978.11
Entry
1968.39
Stop Loss
1961.91
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:32 pm (GMT +0200)
30 minutes Timeframe
The market is currently trading between 1961.91 and 1968.39. A successful breach above the swing level at 1968.39, it will trigger an entry signal, targeting the take-profit levels at 1970.98 and 1972.28. A protective stop loss is recommended at 1961.91.
Should Gold manage to breach below the support at 1961.91, it will eliminate the bullish scenario, generating a sell signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1970.98
Target 2
1972.28
Target 3
1974.87
Target 4
1978.11
Entry
1968.39
Stop Loss
1961.91
Trend Confirmation
Momentum
LWMA
MACD