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GOLD (XAUUSD): The ONLY THING You Need to BUY

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Gold is currently retesting a major daily support cluster-based on 2020/2021 price action.

It looks like the market is preparing for a trend reversal and initiation of a strong bullish impulse.

To catch that, wait for a daily breakout of the underlined structure (we need daily candle close above).

Then the broken structure will turn into support and it will give us a safe point for buying.

Next goal will be 1811

While the price is below the yellow zone, the closest buying point will be a recently broken major trend line.

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Check my new idea on GOLD:
GOLD (XAUUSD): Still Bearish! Next Support is

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.