XAUUSD still Bullish / Wait for Strong Buyers Above $1805 / H4
Previous GOLD analysis👇🏽
If you check you see that the pattern I draw for you worked and after creating DB.
XAUUSD reversed up. Also higher low formed and as long as we are above the trendline ( Gold ), higher prices expected.
On the other hand it looks like that above $1805 we don't see strong buyers.
So rejections from this price can cause GOLD falling and retest the broken trendline.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
If you check you see that the pattern I draw for you worked and after creating DB.
XAUUSD reversed up. Also higher low formed and as long as we are above the trendline ( Gold ), higher prices expected.
On the other hand it looks like that above $1805 we don't see strong buyers.
So rejections from this price can cause GOLD falling and retest the broken trendline.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
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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.
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.