✏️Gold price has confirmed the break of Fibonacci 0.618 and is continuing the uptrend. However, surprisingly, the Asian trading session attracted some selling pressure, pushing gold to around the 3355 break zone. When confirming the break of 3358, 3345 became the most important zone of the uptrend and this is also a trendline zone in the H4 time frame. The BUY gold strategy is still the main one until 3345 is broken.
📉 Key Levels
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📉 Key Levels
- Support 3360-3345-3313-3285
- Resistance; 3381-3404-3430
- BUY now 3360 Break out and Retest Support zone (Fibonacci 0.618)
- BUY Trigger 3345 Rejection of the support zone with buying pressure candle
- SELL Trigger Break and trading Bellow support 3343
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Trade active
waiting for candle reaction at support area 3345. This is still an important area todayTrade closed: target reached
I will update new strategy soon
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Join me to get Trading signals, Trading knowledge
☘️My Telegram Channel: t.me/VHTraderFX
☘️Contact: t.me/VHTTrader
☘️My Telegram Channel: t.me/VHTraderFX
☘️Contact: t.me/VHTTrader
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.