📕 Comment on #Gold on March 9, 2022:
- In the last 3 trading days, precious metal Gold has rebounded strongly and has not shown any signs of a downward correction. Gold price has reached an all-time high in August 2020 around the threshold of 2073. With the tension between Russia - Ukraine showing no signs of coming to an end, plus the US, UK and possibly the EU soon announced the ban on the import of Russian oil. This exacerbates the already existing tension here. So in my personal opinion, I will still prefer to buy with precious metal Gold if there is a good price zone.
- During this time, the volatility of Gold is quite large along with a huge profit, but our SL level will have to be longer, so ace should pay attention to the amount of capital to be able to maximize profits and limit. risk control. On the H4 chart, the closest support area for precious metal Gold is around 2035-2025. Here we might consider buying in precious metal Gold with a safe-go around 2055.

Comments

Popular posts from this blog

When is the Canadian monthly jobs report and how could it affect USD/CAD?

yesterday's trading session, precious metal Gold had 1 day of decline from 1990 to 1950

forexadviseclub Expands Trading Services in Canada