Clean Levels. Simple Plan. Let's Execute โ Gold Setup Inside!

๐ XAUUSD Market Outlook | 15 Minute Time Frame
Presented by: MoneyMoves365
๐ก Overview of Gold:
XAUUSD (Gold) has been experiencing a strong bullish trend lately and this has been driven by ongoing global uncertainty coupled with changes in interest rate expectations. The price passed through previous supply boundaries and formed new demand levels which the buyers drove prices up. However, we are now entering a major decisive zone.
๐ Trade Plan Details:
At the moment, price is stalled right under an important supply zone at the 3135-3140 level. The two possible scenarios going forward are:
Breakout and Continuation:
If we witness a clean breakout and retest above the supply zone, then we expect bullish continuation toward the next supply zone at around 3165-3170.
Rejection and Drop:
If there is no higher break or a fakeout occurs, then a drop to the lower demand region close to 3090 would be expected.
Presented by: MoneyMoves365
๐ก Overview of Gold:
XAUUSD (Gold) has been experiencing a strong bullish trend lately and this has been driven by ongoing global uncertainty coupled with changes in interest rate expectations. The price passed through previous supply boundaries and formed new demand levels which the buyers drove prices up. However, we are now entering a major decisive zone.
๐ Trade Plan Details:
At the moment, price is stalled right under an important supply zone at the 3135-3140 level. The two possible scenarios going forward are:
Breakout and Continuation:
If we witness a clean breakout and retest above the supply zone, then we expect bullish continuation toward the next supply zone at around 3165-3170.
Rejection and Drop:
If there is no higher break or a fakeout occurs, then a drop to the lower demand region close to 3090 would be expected.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
get free signals here, check accuracy yourself.
join IB for free VIP
t.me/+t1LhbJuh1k1jZjc0
join IB for free VIP
t.me/+t1LhbJuh1k1jZjc0
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.