GOLD (XAUUSD): Technical Outlook Explained
https://www.tradingview.com/x/qY6KgxHh/
Gold is currently consolidating within a narrow horizontal range on a 4H time frame.
The reaction of the market to Powell speech was very limited and the price did not
manage to initiate an impulsive movement.
If you are looking for a bullish confirmation,
I suggest waiting for a bullish breakout of an upper boundary of the range.
A 4h candle close above 2371 will confirm a violation.
A bullish continuation will be anticipated at least to 2390.
Alternatively, a bearish breakout of the support of the range
will trigger a further bearish continuation lower to 2338 support.
❤️Please, support my work with like, thank you!❤️
Gold is currently consolidating within a narrow horizontal range on a 4H time frame.
The reaction of the market to Powell speech was very limited and the price did not
manage to initiate an impulsive movement.
If you are looking for a bullish confirmation,
I suggest waiting for a bullish breakout of an upper boundary of the range.
A 4h candle close above 2371 will confirm a violation.
A bullish continuation will be anticipated at least to 2390.
Alternatively, a bearish breakout of the support of the range
will trigger a further bearish continuation lower to 2338 support.
❤️Please, support my work with like, thank you!❤️
✅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/ ✅
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.