The price perfectly fulfilled my last idea. It tapped the entry zone and then went straight up and hit TP. The market is overall in a sideways trend, and the price is forming a triangle pattern, which is a trend continuation pattern.
XAUUSD
updated swing highs. Basically, the market is swinging around the mean price of 2030. I think the price may rise from the support and reach the resistance by taking a liquidity below the recent lows. I expect the market to make an extension upwards. My goal is the resistance zone at 2049.000
XAUUSD
updated swing highs. Basically, the market is swinging around the mean price of 2030. I think the price may rise from the support and reach the resistance by taking a liquidity below the recent lows. I expect the market to make an extension upwards. My goal is the resistance zone at 2049.000