Hey traders,
It looks like Gold is preparing for the next bullish wave.
The price set a higher low on 4H and broke and closed above a resistance line of an expanding wedge pattern.
Goals for buyers:
1914 - current local high
1930 - next strong resistance
Demand area is now based on a support line of a major daily channel & broken wedge's resistance.
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.