Gold market is now testing the previous VAH from the latest distribution schematic (red background).
Looking the Weis Waves, we can see a clear demand domination that is followed by Higher Highs and Lower Highs (Sign Of Strength).
Is going to break the ATH? For sure, it is just a matter of time.
Cheers.
Looking the Weis Waves, we can see a clear demand domination that is followed by Higher Highs and Lower Highs (Sign Of Strength).
Is going to break the ATH? For sure, it is just a matter of time.
Cheers.
Trade active
Consecutive Lower High that suggest uptrend continues:We would like to see now a demand strong presence as SOS above the previous ATH. Short term target would be the upper line of the trending range.
Note
TA Update overview:TA Update detailed:
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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.