GOLD (XAUUSD) Key HISTORICAL Level AHEAD! Important Update!
hey guys,
what a bullish rally on gold.
3 strong bullish daily candles in a row...
HOWEVER, analyzing the historical perspective we may notice that price is entering a historical resistance cluster:
1780 - 1802 is a supply zone based on 2011 - 2012 price action.
on a daily the price formed a harmonic movement with D point lying perfectly within the underlined structure.
based on that I want to warn you that it is too late to buy and now the best option for us it to wait for a intraday short trade.
(or if you are bullish biased, not trade at all until a good long entry on discount)
pay attention to the price action on 1H and look for a reversal formation.
I will try to catch some quick short trade but for now PATIENCE!
good luck!
Trade fermée: cible de profit atteinte
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✅My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.