GOLD (XAUUSD): Detailed Technical Outlook
https://www.tradingview.com/x/KOZ5SdKZ/
Here is a quick recap of my Gold analysis on a today's live stream.
The market is currently trading within a bullish flag pattern on a daily.
After the price reached a daily horizontal support, it bounced
and tested a resistance cluster based on a trend line of the flag and a horizontal structure.
I believe that a bullish rally will resume after a confirmed breakout of the underlined horizontal area and a trend line with a daily candle close above.
Today's US news can be a catalyst.
The price may also respect the underlined resistance cluster, following the negative news.
❤️Please, support my work with like, thank you!❤️
Here is a quick recap of my Gold analysis on a today's live stream.
The market is currently trading within a bullish flag pattern on a daily.
After the price reached a daily horizontal support, it bounced
and tested a resistance cluster based on a trend line of the flag and a horizontal structure.
I believe that a bullish rally will resume after a confirmed breakout of the underlined horizontal area and a trend line with a daily candle close above.
Today's US news can be a catalyst.
The price may also respect the underlined resistance cluster, following the negative news.
❤️Please, support my work with like, thank you!❤️
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