GOLD H4 RE-ACCUMULATION FINAL TP 3 000 USD
🔸Hello guys, today let's review 4HOUR price chart for gold. Ongoing -RE-accumulation in progress, strong chart overall, BULLS maintaint control. Accumulation not complete yet, so we are not ready to hit 2750/3000 yet.
🔸Key s/r zones defined at 2250 usd / 2500 usd / 2750 usd / 3000 usd.
So this a list of the key s/r zones in play right now, we are trading well
above strong s/r zone at 2500 usd so currently limited downside.
🔸Previously gold accumulated ins 2300/2450 usd range before finally
breaking the 2500 usd psyuchological resistance level. Currently
2500 usd flipped from resistance to support, therefore bulls maintain
strategic advantage overall.
🔸new re-accumulation zone bulls 2565 / 2685 usd.
🔸Recommended strategy position traders: BULLS should wait for
re-accumulation to complete and buy low near 2565 usd.
initial TP is 2750 USD and towards end of 2024 - 3000 USD.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
🔸Key s/r zones defined at 2250 usd / 2500 usd / 2750 usd / 3000 usd.
So this a list of the key s/r zones in play right now, we are trading well
above strong s/r zone at 2500 usd so currently limited downside.
🔸Previously gold accumulated ins 2300/2450 usd range before finally
breaking the 2500 usd psyuchological resistance level. Currently
2500 usd flipped from resistance to support, therefore bulls maintain
strategic advantage overall.
🔸new re-accumulation zone bulls 2565 / 2685 usd.
🔸Recommended strategy position traders: BULLS should wait for
re-accumulation to complete and buy low near 2565 usd.
initial TP is 2750 USD and towards end of 2024 - 3000 USD.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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so far price action contained within tight ranges
stay tuned for further updates early next week
Note
GOLD h1 XABCD short from resistance
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🔥primary telegram channel
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🚀75%+ win rate free gold signals
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