Wyckoffan

Gold has been invited to the Cryptocurrency party, new ATH soon

Long
Wyckoffan Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain
Gold market is now testing the previous VAH from the latest distribution schematic (red background).

Looking the Weis Waves, we can see a clear demand domination that is followed by Higher Highs and Lower Highs (Sign Of Strength).

Is going to break the ATH? For sure, it is just a matter of time.

Cheers.
Transaction en cours:
Consecutive Lower High that suggest uptrend continues:


We would like to see now a demand strong presence as SOS above the previous ATH. Short term target would be the upper line of the trending range.
Commentaire:
TA Update overview:


TA Update detailed:

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.