XAUUSD can bounce from the trend line to revisit the resistance

Market Instrument: XAUUSD
Timeframe: H4
Analysis: Technical
Structure: Trend Line and Resistance
Prediction: Bullish
Gold can be expected to bounce back on the following trend line formed where we may see another revisit towards the resistance formed. The bull trend formed on gold recently remains a bit stronger than the ones compared to which we have seen through the last year ( 2021 ). Any breakout on the following trend line will invalidate the following bullish continuation expected.
Timeframe: H4
Analysis: Technical
Structure: Trend Line and Resistance
Prediction: Bullish
Gold can be expected to bounce back on the following trend line formed where we may see another revisit towards the resistance formed. The bull trend formed on gold recently remains a bit stronger than the ones compared to which we have seen through the last year ( 2021 ). Any breakout on the following trend line will invalidate the following bullish continuation expected.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.