Hey traders,
Update for gold.
Analyzing an intraday perspective I spotted a horizontal trading range.
To catch a bullish movement, wait for a bullish breakout of its upper boundary.
You need an hourly candle close above to confirm the breakout.
Then a bullish move will be expected at least to 1972 level.
In case of a bearish breakout of a range the setup will be invalid.
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Note
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✅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.