GOLD → a possible bullish scenario

7 thg 8

Hello guys.

- Bullish Trend: The chart shows an overall bullish trend with higher lows forming after a correction.
- Key Resistance Levels:
- QML (Quasimodo Level): A significant resistance zone that could influence the price movement.
- Engulfed Zone: Another resistance area where sellers previously took control.
- Support Level:
- Flip Area: A strong support zone where buyers stepped in to push the price back up.
- Potential Movement:
- The chart suggests a bullish projection, with potential targets around 2,452.55 USD
- Market Sentiment: The chart indicates a bullish bias, with the flip area being crucial for maintaining this outlook.


Overall, the chart suggests a bullish scenario with the potential for further upward movement, contingent on the price action around key resistance levels.
___________________________

✓✓✓ Always do your research.

❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.

❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment

8 thg 8

Đóng lệnh: đạt mục tiêu

please close half of your position here!

13 thg 8

Đóng lệnh: đạt mục tiêu

final target touched