📈Gold remains overall bullish, respecting both its rising structure and the major support zones beneath current price. After breaking above the light-blue resistance area, XAUUSD is now pushing higher, but a pullback remains very likely before the next impulse.
⚔️On the upcoming retest of the blue structure zone and the rising trendline, we will be looking for trend-following longs. This area has acted as support multiple times and now aligns with the bullish context, making it a high-probability buy zone.
🏹As long as Gold remains above the red demand area and respects the rising structure, the next wave upward toward the 4,385 resistance remains the most likely scenario. Only a clean break below the red zone would weaken the bullish outlook.
For now, patience is key… wait for the retest, then look for longs from structure. 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
⚔️On the upcoming retest of the blue structure zone and the rising trendline, we will be looking for trend-following longs. This area has acted as support multiple times and now aligns with the bullish context, making it a high-probability buy zone.
🏹As long as Gold remains above the red demand area and respects the rising structure, the next wave upward toward the 4,385 resistance remains the most likely scenario. Only a clean break below the red zone would weaken the bullish outlook.
For now, patience is key… wait for the retest, then look for longs from structure. 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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Trusted Crypto Exchange
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Trusted CFD Broker
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Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.