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Trendline was broken-Bullish scenario

Long
Or / Dollar Américain (OANDA:XAUUSD)  
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OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldusd goldanalysis goldlong goldforecast goldsignals goldbuy
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trendanalysis chartpattern indicator gold goldtrading goldidea goldusd goldanalysis goldlong goldforecast goldsignals goldbuy
GOLD
The previous day candle was closed just around 1.9k double bottom formed around 1670.00 was a key reversal area for the bull
.50 Fibonacci and price action level i have marked in the chart was acted as good support for the bullish trend.The upper side
trend line was broken on May-17 and retested on May-19. 1924.00 would be a immediate resistance for the bull. The upper side target
would be 1960.00 and the extended target was 2074.00 which is ATH. 1960.00 was this year high.

Idées en relation

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Bullish Megaphone structure-will it reach 60% of pivot line
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Gold battle between buyers and sellers
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GOLD Will it stay below 1800.00 level
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GOLD is at important junction will it reach around 2013.00 level
Clause de non-responsabilité

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