GOLD (XAUUSD): Important Supply and Demand Zones to Watch
https://www.tradingview.com/x/DujnyR76/
Gold closed in indecision this week, respecting 2 supply and demand zones.
The price went rejected from an expanding supply zone based
on a resistance line of a rising parallel channel and a horizontal resistance.
The market also respected a horizontal demand zone based on
a horizontal support cluster.
After the market opening, I will monitor the reaction of the price to these zones
and will look for trading opportunities from there.
❤️Please, support my work with like, thank you!❤️
Gold closed in indecision this week, respecting 2 supply and demand zones.
The price went rejected from an expanding supply zone based
on a resistance line of a rising parallel channel and a horizontal resistance.
The market also respected a horizontal demand zone based on
a horizontal support cluster.
After the market opening, I will monitor the reaction of the price to these zones
and will look for trading opportunities from there.
❤️Please, support my work with like, thank you!❤️
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Related publications
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.
✅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/ ✅
Related publications
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.