DeepHaldar

Gold's Next Big Move

DeepHaldar Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
If 4H candle closes below 1722 look for shorts and if it breaks out of wedge upside then look for long to 1747-1750 zone as this is a liquidity zones and price is very likely to go and tap it.
Comment:
currently sitting at 1710 support zone, waiting for a retest as drawn above, before a drop to 1700.
Trade closed: target reached:
Clean trade if you took a short 1700 zone. Price has bounced off this zone cleanly.

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.