A Bullish Week for Gold 14/10/24

Last week we were bearish on gold and highlighted the price levels that we were interested in if the price continued going down. The price reached exactly those levels then started going up as shown in the image. This week we are bullish on Gold but we could see price retrace back to level 2626.57 before the move up. Since we are bullish, we will look to enter on more buy setups than sell setups. If the price starts delivering higher, our first take profit level will be 2685.40. If you want to learn how to analyze price and be able to tell where the price will go before it even goes there, head over to our channel where we teach these concepts in-depth on Elites Trading Bible. Have a lovely trading week.

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