We can see that Gold is bullish in the Higher Time Frame. From picking the Day FVG gold bounced up and then formed a triangle pattern breaking 3250 resistance this week.
I'm seeing the Trendline acting as a support now for the Gold and Expecting gold to push to ATH in coming days.
I feel Gold will finish this week between 3320-3330 and then a breakout to the upside next week targeting 3430 and 3500 being the targets.
Happy Trading!
I'm seeing the Trendline acting as a support now for the Gold and Expecting gold to push to ATH in coming days.
I feel Gold will finish this week between 3320-3330 and then a breakout to the upside next week targeting 3430 and 3500 being the targets.
Happy Trading!
Trade closed: target reached
Gold hit the target of 3430 yesterday as expected. I'm expecting a few accumulations in the 3380-3440 region and price pushing ahead for the ATH in the next rally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.