XAUUSD Top-down analysis
XAUUSD is in all time high.
Monthly : Historically GOLD is bullish we see market just has broken out of the previous monthly high and currently approaching a new level. As the momentum is high, this week we may see further upside.
Weekly: After back to back 2 weeks of bullish momentum, this week we have seen that market again started to bounce back up with strong bullish engulfer. As Weekly price is in expansion face we may see this week as well a bullish momentum.
15min : This is the timeframe I will be intending to enter the trade. We can identify the support trend line will be waiting for a potential break of structure to the support for entry as explained in the video.
Monthly : Historically GOLD is bullish we see market just has broken out of the previous monthly high and currently approaching a new level. As the momentum is high, this week we may see further upside.
Weekly: After back to back 2 weeks of bullish momentum, this week we have seen that market again started to bounce back up with strong bullish engulfer. As Weekly price is in expansion face we may see this week as well a bullish momentum.
15min : This is the timeframe I will be intending to enter the trade. We can identify the support trend line will be waiting for a potential break of structure to the support for entry as explained in the video.
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bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.
FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 100% bonus link shorturl.at/lB3iN
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.