Market opening this Monday was very impulsive for gold.
It looks like it is finally calming down and buying volumes decrease.
on 4H the market has reached a significant resistance level and on 1H it started to coil.
the side of the breakout of the indecision range on 1H will show us the future direction of the market.
in case of a bearish breakout, the market will most likely drop at least to 1568 with potential continuation,
in case of a bullish breakout, the market may reach 1510 resistance.
be patient and let the market decide first!
good luck!
Catatan
breakout and retestwe made nice profit
now protect your position with stop to breakeven
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❗️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
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.