Hello again!
In the global gold index, the price is still in a downtrend and has managed to break its support levels.
It is expected that the price may find support around the identified order block areas.
The necessary and important condition for going long on gold is solely the breaking of the downtrend line.
In the global gold index, the price is still in a downtrend and has managed to break its support levels.
It is expected that the price may find support around the identified order block areas.
The necessary and important condition for going long on gold is solely the breaking of the downtrend line.
Trade closed: target reached
The condition of breaking the trend line has happened and gold is moving according to the specified analysisThank you for following me
I hope I have been useful
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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.