Mihai_Iacob

Gold- What's my buy zone?

Long
OANDA:XAUUSD   Or / Dollar Américain
Gold traded in a range yesterday with a high of 1850 and a low of 1830, more or less...
As I said before, my outlook for Gold is very bullish and the medium term and I expect a new leg up to begin soon.
In short term, we can clearly see an H&S pattern with the neckline at around 1830, but I don't think will have a continuation to target for this pattern (that meaning a fall of 500 pips after the break). More probable in my opinion is a false break under this neckline followed by a strong reversal up.
That being said I will look for opportunities to buy Gold and an ideal entry point would be 1815-1818 zone

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.