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Uptrend

Strong Up Trend of XAUUSD in monthly timeframeIn 1M timeframe,the price bar is still above Fast Trendline (blue line), it means that the trend is still strong. Gold made strong resistant zone at 2070 price level. The price made a pin bar in Mar 2022 with high strong volume but reversed. The volume is now low, under MA20. In my opinion, there are two scripts: - (1) Price will break the 2070 resistant zone. After that, price will come back and retest the resistant zone. - (2) Price will touch resistant zone and reverse. Price won't break Slow Line (The thick green line), and come back and break the resistant zone. We need to wait the bar close in May and June to confirm trend. I prefer first script, because the up trend is still strong.
OANDA:XAUUSDLong
by marketreaderz
$AQUA with the trifecta: price, volume & relative strengthThe price has formed a head and shoulders pattern and now I'm waiting for the follow through above $50. The OBV and the RS ratio vs the S&P 500 are near new highs confirming the strength in price action. Still, I'll wait for the breakout to buy with a price target at HKEX:62 for a +25% profit. You can see that I was stopped out on MARCH 2022, can you imagine if I hadn't use a stop loss? More than a year with dead money. I good to see other leaders within the industry like NASDAQ:TAYD , NYSE:SXI , NYSE:GHM & NASDAQ:SYM are also trending higher, this gives support to $NYSE:AQUA. This is a market of stocks, not a stock market!
ALong
by dpuleo19