GOLD STRUCTURE ANALYSIS| SCENARIOS
GOLD is trading in a triangle, with it's lower bound changing angle!
(1) A strong green horizontal support has been established
(2) IF gold manages to break out the diagonal resistance of a triangle>>> Then the post-breakout scenario will likely play out
(3) With long opportunities from pullback first and then from retracement to the dotted line.
(4) IF it does not>>> long from the horizontal support
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Note
So the diagonal resistance is broken!Now, the struggle is around the horizontal mini level
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✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
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.