Gold has rebounded by more than 100 points since recovering from last week's low. It is now moving sideways within a narrow range, with limited downside retracement. The idea is to let time create room for further gains!
This week's move has yet to get underway. While keeping up with the short-term trend, it's also important to stick to a medium- and long-term strategy. The ideal level this week is expected to be around 4300. In the meantime, decide whether to scale in and out based on your own needs, using a strategy of selling high and buying low!
There aren't many complicated techniques—the only thing that needs to change is your mindset!
Go long near 4150, with a short-term target of 4240 and a second target of 4320!
This week's move has yet to get underway. While keeping up with the short-term trend, it's also important to stick to a medium- and long-term strategy. The ideal level this week is expected to be around 4300. In the meantime, decide whether to scale in and out based on your own needs, using a strategy of selling high and buying low!
There aren't many complicated techniques—the only thing that needs to change is your mindset!
Go long near 4150, with a short-term target of 4240 and a second target of 4320!