GOLD (XAUUSD): Technical Outlook Ahead of the News
https://www.tradingview.com/x/uSMbR8I2/
Gold is currently retesting a recently broken trend line on a daily.
On a 4h time frame, we can see that the market is consolidating
and trading within a horizontal range.
I will wait for a bearish breakout of a support of the range
as a strong bearish confirmation.
A 4h candle close below 2318 will confirm the violation.
A bearish continuation will be expected at least to 2300 then.
Alternatively, a bullish breakout of the resistance of the range
may push the prices higher.
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Gold is currently retesting a recently broken trend line on a daily.
On a 4h time frame, we can see that the market is consolidating
and trading within a horizontal range.
I will wait for a bearish breakout of a support of the range
as a strong bearish confirmation.
A 4h candle close below 2318 will confirm the violation.
A bearish continuation will be expected at least to 2300 then.
Alternatively, a bullish breakout of the resistance of the range
may push the prices higher.
❤️Please, support my work with like, thank you!❤️
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Publications connexes
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.