GOLD ! testing descending channel top line, long trade idea. 📈
GOLD is jumping in a weekly support zone. The price of GOLD has been increasing strongly in few days, I think it's retracement. When will this end ?
If this strong bullish impulse continues price is test to fibonacci level /1875~1921/ but first we need to break the strong resistance zone of 1805, wait for break then entry long.
Good luck everyone and thanks for coming
If this strong bullish impulse continues price is test to fibonacci level /1875~1921/ but first we need to break the strong resistance zone of 1805, wait for break then entry long.
Good luck everyone and thanks for coming
Note
1h on chart looking bearish but it's okayNote
We have two choices A or BA
B
Trade active
Trade active
holding long
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.
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.