Gold-Tech

🥇GOLD - Forming a breakout pattern and growth continuation

Long
OANDA:XAUUSD   Or / Dollar Américain
Gold amid a rally halt after a breakout of the global downtrend forms a pattern of breakout and continued upside.

TA on the high timeframe:
1) After the breakout and trend change, the price stops and forms consolidation. The absence of a fall will be regarded as the readiness of the market to continue growth
2) Consolidation is formed near 1960


TA on the low timeframe:
1) against the background of stopping the rally, the price forms a flag
2) The bullish pattern will start its realization after the price breaks the resistance of the figures. In this case the instrument will get a new potential
3) The important zone for us is 1959-1963. The price going beyond it can form an impulse of 1% and reach the area of 1980

Key support📉: 1953
Key resistance📈: 1959, 1963

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
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.