As I expected in the previous IDEA, Gold(
XAUUSD) managed to break the Resistance zone($3,280-$3,245) and touched the first target.
Gold appears to be completing a pullback to the Resistance zone($3,280-$3,245)[broken].
On my chart, the Resistance zone($3,280-$3,245) is currently labeled Support zone($3,280-$3,245).
I expect Gold to move towards the Potential Reversal Zone(PRZ)[$3,340-$3,365] and Resistance lines after the pullback is completed.
Note: If Gold touches $3,243[Worst Stop Loss(SL)], we should expect a drop.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD) managed to break the Resistance zone($3,280-$3,245) and touched the first target.Gold appears to be completing a pullback to the Resistance zone($3,280-$3,245)[broken].
On my chart, the Resistance zone($3,280-$3,245) is currently labeled Support zone($3,280-$3,245).
I expect Gold to move towards the Potential Reversal Zone(PRZ)[$3,340-$3,365] and Resistance lines after the pullback is completed.
Note: If Gold touches $3,243[Worst Stop Loss(SL)], we should expect a drop.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
The long position did not hit my desired Support zone($3,280-$3,245) to activate, but the short position at Potential Reversal Zone(PRZ)[$3,340-$3,365] was activated for me.
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.