GOLD after the NFP
We had to wait for NFP to cause some moves in price action, so we can finally see GOLD breaking out of its range.
We can already see price moving due to the news.
We have our closest support and resistance and we need to see in which direction it will breakout.
As you already know that means for price to close below/above those levels on the hourly (at least).
Once we have a candle close then we could expect a continuation in this direction.
In case of a breakout of 1829, next target is 1854!
In case of a breakout of 1800, next target is 1784!
Watch out for the hourly candle close and if there are no wicks, then look for continuation trades.
We can already see price moving due to the news.
We have our closest support and resistance and we need to see in which direction it will breakout.
As you already know that means for price to close below/above those levels on the hourly (at least).
Once we have a candle close then we could expect a continuation in this direction.
In case of a breakout of 1829, next target is 1854!
In case of a breakout of 1800, next target is 1784!
Watch out for the hourly candle close and if there are no wicks, then look for continuation trades.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Penerbitan berkaitan
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.