As I said yesterday, Gold looks bullish overall, not just on XAUUSD.
Right now, price is correcting after Friday’s huge rally – perfectly normal. The key level to watch is 3350 for buyers to step in.
For confirmation, we need a break above 3380. If that happens, I believe 3400 will fall this time, and in the medium term we could even see a test of the old 3500 ATH.
At the moment I’m out of the market, waiting for a trade that’s worth the risk. Patience is also a position. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Right now, price is correcting after Friday’s huge rally – perfectly normal. The key level to watch is 3350 for buyers to step in.
For confirmation, we need a break above 3380. If that happens, I believe 3400 will fall this time, and in the medium term we could even see a test of the old 3500 ATH.
At the moment I’m out of the market, waiting for a trade that’s worth the risk. Patience is also a position. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Transaction en cours
XauUsd reversed exactly after touching 3350 zone.Clarification comes with a stabilization above 3380
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💎 Join the FREE Crypto Channel
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📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
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.