H4 time frame.
Structure: Gold is currently moving in an ascending channel.
After the price made a new high at 1812 there was an immediate move down towards 1782 to retest the recently broken resistance.
Here, waiting for a bullish reversal pattern to appear, you can look for buying opportunities.
The profit target is the 1820 zone.
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Wish you all have a good trading day!
Structure: Gold is currently moving in an ascending channel.
After the price made a new high at 1812 there was an immediate move down towards 1782 to retest the recently broken resistance.
Here, waiting for a bullish reversal pattern to appear, you can look for buying opportunities.
The profit target is the 1820 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Disclaimer
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Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.