An outlook of the direction of XAUUSD
We can see in this blue range, if GOLD crossed the top of the rectangle, we should expect a long from 1883 to 1915/1936.
This is because, the next supply zone from 1883 is around 1915 or thereabouts.
In converse, if the market crossed below the range, we will be having very deep short.
This is because, the next supply zone from 1883 is around 1915 or thereabouts.
In converse, if the market crossed below the range, we will be having very deep short.
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.