Lingrid | GOLD testing the Crucial 2900 Level. Potential Long for OANDA:XAUUSD by Lingrid

Lingrid | GOLD testing the Crucial 2900 Level. Potential Long

The price has perfectly fulfilled my previous forecast. The market surged straight up and reached the psychological level at 2900 without any pullback. On the 1H timeframe, a trend continuation pattern—a triangle—formed before the market moved higher. Additionally, the price broke and closed above last week's high. As the market tests this key level, we may see increased volatility in this area. If the price makes a pullback toward the support level, there is a strong opportunity to go long, with the potential for the price to continue moving upwards. My goal is resistance zone around 2925

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade closed: target reached

Lingrid

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org

Also on:

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.

Lingrid