Price broke support. Looking for it to come back down and retest before continuing back up to next resistance level
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Price is already breaking that major support level and retesting it. Could possibly be a pullback at this level before continuing back up.
Major Reminder to Practice Proper Risk Management Risking Only 1-3% Per Trade !
I provide daily detailed analysis and trading setup.
More info: Click link in bio
Price is already starting to break and retest major ascending trend line looking for a nice break and retest of the major support level before going short
Major Reminder to Practice Proper Risk Management Risking Only 1-3% Per Trade !
I provide daily detailed analysis and trading setup.
More info: Click link in bio
Price has been bullish for a couple weeks now finally coming back down to a strong support level. Will be looking for a simple break and retest to form before entering a short.
I provide daily detailed analysis and trading setup.
More info: Click link in bio
Technical analysis
Plan 1:
If the price can break out and close below the potential target 3, Then XAU/USD will keep falling to retest the bottom wedge line.
Plan 2:
If the price rejects the potential targets 1, 2, or 3, I believe gold will go up to retest the upper broadening wedge line and most likely the upper major channel line.
Invalid if:
If the price can...
