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FX.co ★ XAU/USD, GOLD

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Trader Journals:::2024-04-19T08:21:22

XAU/USD, GOLD

XAU/USD, GOLD

It is worth noting that there have been no significant changes in gold so far, as the ascending movement continues. Today, prices rose on the Asian markets, although they did not reach new local highs and quickly dropped again. However, my stops were triggered. I believe this activity was related to Israel's strike on Iran. Nevertheless, we still have a support area around 2319, which corresponds to my targets. I am currently on the sidelines, and despite the upward movement, I do not consider buying at these price levels because I have lower targets in mind. Therefore, if we manage to climb back above 2400, I will once again consider selling.

XAU/USD, GOLD

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