The last two D1 candles have continuously drawn out the wicks. The Sellers may no longer be interested in dominating the market.
Currently, Gold is moving sideways in a wide range. 3345 and 3375 are the two Breakout zones of the gold price in today's trading day. When breaking out of the breakout zone, the price will continue its strong trend. Limit trading against the trend when the price breaks out.
Trading signals may also appear if there is confirmation from the candle that does not break out of this breakout zone.
Resistance and support zones remain the same as last week.
Resistance 3400-3415-3443
Support 3322-3296
Break out: 3375-3345
Recommended good trading signals
SELL 3399-3401 Stoploss 3405
BUY 3322-3320 Stoploss 3306
Currently, Gold is moving sideways in a wide range. 3345 and 3375 are the two Breakout zones of the gold price in today's trading day. When breaking out of the breakout zone, the price will continue its strong trend. Limit trading against the trend when the price breaks out.
Trading signals may also appear if there is confirmation from the candle that does not break out of this breakout zone.
Resistance and support zones remain the same as last week.
Resistance 3400-3415-3443
Support 3322-3296
Break out: 3375-3345
Recommended good trading signals
SELL 3399-3401 Stoploss 3405
BUY 3322-3320 Stoploss 3306
Trade active
The price cannnot break break out zone at 3345 and the market have trend revesal.Trade closed: target reached
Price is rejecting support zone 3344
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☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
Join me to get Trading signals, Trading knowledge for investors
Related publications
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.