GOLD/ Correction and then updating
The price remains trading within the identified zone, indicating ongoing consolidation. It is prudent to wait until the correction concludes, as this phase is critical for determining the next movement. This approach aligns with a strategy focused on confirming the bullish trend. A breakout above the resistance level of 2757 would solidify the upward trajectory and signal the continuation of the bullish trend toward the new high at 2,816. Regarding the bearish trend, the price must stabilize below the zone between 2,757 and 2,732, confirmed by a daily candle closing below it, to establish support.
Tendency Keys: 2757
Resistance Line: 2757, 2787, 2816
Support Line: 2732, 2696, 2666
Tendency Keys: 2757
Resistance Line: 2757, 2787, 2816
Support Line: 2732, 2696, 2666
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.