gold analysis - 23 mar 2023
hope all you man are good here are my observations on igolide
- on the weekly we're strongly bullish and on the daily as well, seen by the long bullish candlesticks
- down on the H4 market broke through a level of resistance and retested it as seen by the long wick on the current candlestick
- entry is at a higher low point on the M15 and SL is a couple pips below the lowest point of that range
- first TP is at the current resistance but i will wait and see how price reacts to that level but overall projections is the next major level of structure at 2016
- again we will see what the market does if there's clear signs that this is a bad tradei will gladly exit and cut my losses short
- on the weekly we're strongly bullish and on the daily as well, seen by the long bullish candlesticks
- down on the H4 market broke through a level of resistance and retested it as seen by the long wick on the current candlestick
- entry is at a higher low point on the M15 and SL is a couple pips below the lowest point of that range
- first TP is at the current resistance but i will wait and see how price reacts to that level but overall projections is the next major level of structure at 2016
- again we will see what the market does if there's clear signs that this is a bad tradei will gladly exit and cut my losses short
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