📈Gold broke a significant intraday resistance level and closed above it.
Following the breakout, the market entered a period of consolidation in a tight range on an hourly chart.
A retest of the broken structure led to a bullish movement and a breach of the range's resistance.
This provides a solid confirmation of a bullish trend. I predict that the pair will soon reach the 2450 level.
Following the breakout, the market entered a period of consolidation in a tight range on an hourly chart.
A retest of the broken structure led to a bullish movement and a breach of the range's resistance.
This provides a solid confirmation of a bullish trend. I predict that the pair will soon reach the 2450 level.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
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.