#النفط #الذهب_اليوم #Analysis_for_the_anniversary
Under this hashtag, I will give you predictions for gold, oil, and Bitcoin. Add them to your analyses.
Let's start first with gold.
Gold this month hit a peak of $3357.
I expect as a trade that this is the last peak temporarily until it retreats to levels of $3000 and $2750.
After that, it will be a buying opportunity targeting a historical peak above $3400.
As for my analysis, my stop will be at $3360.
While it will retreat to the $3340 area, which is an entry point, I recommend leaving sell orders and adjusting the stop, then taking initial profits at $3300.
2.. In case we avoid hitting the stop for a week, we set the stop at the time of entry and continue to be patient for the larger targets.
What is happening now between America and China is a war between the dollar and gold; the dollar will temporarily win by forcing gold to retreat. I will tell you then where to go after achieving or failing this analysis.
The expectation that should be in mind
is trading with a small lot and expecting to reach $3420.
I believe the probability of this is only 15%. Good luck to everyone.
The big movement of gold disregards analysis schools and trading strategies, and there is no remedy for that except for a low lot.