Gold Long setup formation!!
Top Down Analysis
Daily Timeframe
Gold is still maintaining and uptrend to the upside. still holding between the 9 and 21 EMA .Super bullish as inflation kicks in!!!
H4 timeframe
Price is Forming UPtrend and we can see price is currently in a temporary consolidation and we could see price bounce between to level around
1815 high level and 1795 low level. so since price is currently trading between the zone we could see price reject the zone and continue to the upside and nice momentum for today friday close
H1 Timeframe
Nice rejection on the 1715 level. we need to still confirm the rejection with high momentum to the upside
Daily Timeframe
Gold is still maintaining and uptrend to the upside. still holding between the 9 and 21 EMA .Super bullish as inflation kicks in!!!
H4 timeframe
Price is Forming UPtrend and we can see price is currently in a temporary consolidation and we could see price bounce between to level around
1815 high level and 1795 low level. so since price is currently trading between the zone we could see price reject the zone and continue to the upside and nice momentum for today friday close
H1 Timeframe
Nice rejection on the 1715 level. we need to still confirm the rejection with high momentum to the upside
Trade active
close partial profit we are almost 70% to hit take profit. wonderful tradeTrade closed: target reached
target reached fucking awesome
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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.
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.