Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Daily: Left Chart
After rejecting the 1800.0 support, Gold has been bullish especially after breaking above 1900.0.
Currently, XAUUSD is sitting around a strong resistance in green.
For the bulls to remain in control, we need a break above 1960.0.
📈 In this case, a movement till the 2000.0 round number would be expected.
on H1: Right Chart
Meanwhile, the bears can still kick in. To be confirmed if the last low in gray at 1934.0 is broken downward around.
📉 In this case, we will be expecting a correction till the 1900.0 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on Daily: Left Chart
After rejecting the 1800.0 support, Gold has been bullish especially after breaking above 1900.0.
Currently, XAUUSD is sitting around a strong resistance in green.
For the bulls to remain in control, we need a break above 1960.0.
📈 In this case, a movement till the 2000.0 round number would be expected.
on H1: Right Chart
Meanwhile, the bears can still kick in. To be confirmed if the last low in gray at 1934.0 is broken downward around.
📉 In this case, we will be expecting a correction till the 1900.0 support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.