Market Instrument: XAUUSD
Timeframe: Daily
Analysis: Technical
Structure: Resistance with Ascending Triangle
Prediction: Bullish
9 days ago with my previous analysis, I have predicted that the price is about to jump back on the trend line formed with the ascending triangle. Here the resistance is the key area that I am looking at the moment for a possible reflection to appear first in before moving in or finding a new opportunity with Gold. If the Buyers are respecting the supply zone in this area we will see a nice plunge in the coming days unless the bullish pressure remains stronger enough to break through this level to the upside and create a potential target close or above 1870.
Timeframe: Daily
Analysis: Technical
Structure: Resistance with Ascending Triangle
Prediction: Bullish
9 days ago with my previous analysis, I have predicted that the price is about to jump back on the trend line formed with the ascending triangle. Here the resistance is the key area that I am looking at the moment for a possible reflection to appear first in before moving in or finding a new opportunity with Gold. If the Buyers are respecting the supply zone in this area we will see a nice plunge in the coming days unless the bullish pressure remains stronger enough to break through this level to the upside and create a potential target close or above 1870.
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.
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.