After a sharp bearish move last week, gold leaves important reversal clues now.
On a daily the price is trading within a strong support cluster
and on hourly, with a sequence of higher lows, the price has formed a classic ascending triangle formation.
With 4h/1h candle close above its resistance, the breakout is confirmed now and bullish continuation is expected.
Targets:
1875
1890
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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 ⭐
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.