$XAUUSD Continuation
H4 & H1 TF:
- Analysis only, Not a Signal
H4 Timeframe(TF) Shows that the market is Still Overall Bullish, therefore we're still expecting an uptrend in the near future.
Legend:
• White Drawings (H4 TF)
• Blue Drawings (H1 TF)
Since the H4 zone (the Top Box) was rejected yesterday on H1 TF, we might expect a rejection towards the bottom H4 Box (Bottom Box) which has a stronger demand before a continuation of Upwards Trend.
This is supported by the fact that H1 TrendLine (Blue Line) was broken recently. And price shows that it wants to create a Higher price.
- Analysis only, Not a Signal
H4 Timeframe(TF) Shows that the market is Still Overall Bullish, therefore we're still expecting an uptrend in the near future.
Legend:
• White Drawings (H4 TF)
• Blue Drawings (H1 TF)
Since the H4 zone (the Top Box) was rejected yesterday on H1 TF, we might expect a rejection towards the bottom H4 Box (Bottom Box) which has a stronger demand before a continuation of Upwards Trend.
This is supported by the fact that H1 TrendLine (Blue Line) was broken recently. And price shows that it wants to create a Higher price.
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.
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.