XAUUSD
✔️ Gold is completely bullish in the weekly, daily and 4-hour time frame.
✔️ In the daily time frame, after hitting the daily demand area, we expect it to continue moving at least until the daily supply area, which is around 1880. But on the four-hour time frame, we are currently in a very important supply zone.
✔️ It seems that it can have a correction of at least 100 pips from this area. I personally buy corrections to the initial target of the daily supply area.
✔️ In the daily time frame, after hitting the daily demand area, we expect it to continue moving at least until the daily supply area, which is around 1880. But on the four-hour time frame, we are currently in a very important supply zone.
✔️ It seems that it can have a correction of at least 100 pips from this area. I personally buy corrections to the initial target of the daily supply area.
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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.