https://www.tradingview.com/x/y3suAXA4/
Gold closed, respecting a key horizontal daily resistance.
Analyzing a 4H time frame, I have spotted a rising wedge pattern.
Its support breakout can be an important sign of strength of the sellers.
Candle close below may initiate a correctional movement on the market.
Bearish movement will be anticipated to 1954 then.
Alternatively, a bullish breakout of the underlined red structure on a daily
will trigger a further bullish continuation.
❤️Please, support my work with like, thank you!❤️
Gold closed, respecting a key horizontal daily resistance.
Analyzing a 4H time frame, I have spotted a rising wedge pattern.
Its support breakout can be an important sign of strength of the sellers.
Candle close below may initiate a correctional movement on the market.
Bearish movement will be anticipated to 1954 then.
Alternatively, a bullish breakout of the underlined red structure on a daily
will trigger a further bullish continuation.
❤️Please, support my work with like, thank you!❤️
Note
Breakout is confirmednow we see a retest
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.