XAUUSD what to expect
Seasonally during October gold is typically range bound.
On the chart, we have highlighted The External Range in the Internal Range.
There is liquidity on both sides of the Internal Range. Gold at one point needs to break out of the Internal Range.
We will be observing the descending trend line to establish which side of the liquidity Gold is likely to reach for.
Break above the trend line will indicate it is likely to reach for Liquidity above 1834.
Rejection at the trend line will indicate Gold is likely to reach for Liquidity below 1676.
On the chart, we have highlighted The External Range in the Internal Range.
There is liquidity on both sides of the Internal Range. Gold at one point needs to break out of the Internal Range.
We will be observing the descending trend line to establish which side of the liquidity Gold is likely to reach for.
Break above the trend line will indicate it is likely to reach for Liquidity above 1834.
Rejection at the trend line will indicate Gold is likely to reach for Liquidity below 1676.
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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.