🥇 GOLD Target 1777 achieved. Next 1798

Gold in consolidation, the bulls still control the support

1) As I said before, the price has entered the 1777 area and cannot go lower, we see a strong support line
2) Price is aiming for resistance at 1784. Consolidation for a possible breakout is forming.
3) The trend is ascending.
4) Price has reached the liquidity zone of 1777, a false breakdown and forms a bullish set-up.
5) The target opens at 1798.

The price tends to resistance at 1784, if it breaks through, I will wait for a consolidation above the level to buy. My target will be the 1798 zone (resistance zone, peak of the volume profile, liquidity zone)

Chart PatternsHarmonic PatternsTrend Analysis

❤️ Telegram channel: t.me/AndeWave
Juga pada:

Penafian