GOLD is Preparing for a Bullish Breakout

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

Gold is at the verge of a breakout. We should see a move up soon.

The 1813-14 zone is the MH3. This is the monthly camarilla pivot. If we see a breakout watch for 1826 as the intraday target. A continuation above it will target 1859 and 1884 but as a swing trade. The crucial thing now is that the market breaks the 1814 level which will keep bulls happy.

The Analysis has been done with the Black Widow system.

Cheers and safe trading,

Nenad

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