New World Capital
XAUUSD
Gold has rallied since yesterday but the trend advanced too rapidly. We expect the market to get brought to equilibrium around $2,340 - $2,320. Once brought tho this level, price would fluctuate constantly due to imbalance until it recalibrates and resumes the uptrend. Buying Gold as of now for trading profit would be a mistake...
Buy Gold $2,325- $2,320
SL $2,315
TP $2,350 - $2,370
XAUUSD
Gold has rallied since yesterday but the trend advanced too rapidly. We expect the market to get brought to equilibrium around $2,340 - $2,320. Once brought tho this level, price would fluctuate constantly due to imbalance until it recalibrates and resumes the uptrend. Buying Gold as of now for trading profit would be a mistake...
Buy Gold $2,325- $2,320
SL $2,315
TP $2,350 - $2,370