🥇 GOLD getting ready to go to the moon
Gold continues to form a bullish trend. The price is making a false breakout of the liquidity zone of the volume profile. If the price consolidates above 1795, gold could recover to 1810 and 1824.
1) Gold tests channel support.
2) Gold makes a false breakout of the liquidity zone, the lower target is reached and the price will move towards the upper target.
3) The trend is ascending.
4) The nearest liquidity zone from the resistance side is 1810.
I think gold continues to consolidate as it enters the liquidity zones. After the consolidation ends, if buyers are serious, the price could make it to 1850.
1) Gold tests channel support.
2) Gold makes a false breakout of the liquidity zone, the lower target is reached and the price will move towards the upper target.
3) The trend is ascending.
4) The nearest liquidity zone from the resistance side is 1810.
I think gold continues to consolidate as it enters the liquidity zones. After the consolidation ends, if buyers are serious, the price could make it to 1850.
❤️ 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.