DrooelmFX | GOLD BUY SIGNAL UPDATE
Asset price is on its way to the next Fresh Supply Area as was previously predicted.
Why I think so?
See A, where there is a clear break of structure. Price broke above resistance
See B, where price forms Rally-Base-Rally, a good demand area
See C, where asset price has successfully retested the previous resistance point which now acts as support
Conclusion: Asset price to continue going up to the next Fresh Supply Area
Why I think so?
See A, where there is a clear break of structure. Price broke above resistance
See B, where price forms Rally-Base-Rally, a good demand area
See C, where asset price has successfully retested the previous resistance point which now acts as support
Conclusion: Asset price to continue going up to the next Fresh Supply Area
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.