PLAN GOLD 16/10: FOLLOW BUY

2023年10月16日

💯UPDATE PLAN DAILY GOLD:

Last week, gold had a full candle close at 100 pip.

Gold prices strengthen amid rising demand for safe haven gold amid geopolitical tensions in Israel; USD prices and US bond yields stopped increasing. According to experts Kitco and Main Street, this week's gold price is still an increasing week. Everyone is watching the conflict in the Middle East, a factor that has had a strong impact on markets since the beginning of this week.

Updated again today. Gold has broken the 4-hour uptrend. This morning, gold will test to recover, possibly reaching the resistance and support zone at the strength of 1903-1905 and then continuing the uptrend. Tonight's news about the Empire State Manufacturing Index at 7:30 p.m. will also greatly affect the price line.

👉Plan trading today:
🔽Gold Buy Entry: 1903-1905
SL 1900
TP 1923 - 1946

🔽Gold Sell Entry: 1945 -1947
SL 1950
TP 1939 - 1932

My scapling plan will be updated later!