✴️ GOLD Daily timeframe. January 26
Gold is creeping up to the strong 1950 level. It's forming an energy buildup and we should expect a surge in the near term
1) Dense consolidation is forming.
2) The trend is uptrending, strong shadows mean energy buildup by the big player
3) Price forms a squeeze to resistance, volatility begins to decline
4) In the medium term we should expect a possible breakdown of the resistance area and the formation of an impulse to 1981
1) Dense consolidation is forming.
2) The trend is uptrending, strong shadows mean energy buildup by the big player
3) Price forms a squeeze to resistance, volatility begins to decline
4) In the medium term we should expect a possible breakdown of the resistance area and the formation of an impulse to 1981
❤️ Telegram channel: t.me/AndeWave
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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.
❤️ Telegram channel: t.me/AndeWave
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.