The price perfectly fulfilled my last idea. It hit the take profit level. 
XAUUSD market bounced off the 3000 support level, potentially signaling the end of the corrective move. However, examining the 1H timeframe reveals the price still remains within the consolidation zone. If the price breaks and closes above the 3050 resistance zone, we can anticipate a continuation of the bullish move. I expect the price may continue moving sideways until the next trading day. However, if the price retests the psychological level below, we can look for buying opportunities. My goal is resistance zone around 3100
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
XAUUSD market bounced off the 3000 support level, potentially signaling the end of the corrective move. However, examining the 1H timeframe reveals the price still remains within the consolidation zone. If the price breaks and closes above the 3050 resistance zone, we can anticipate a continuation of the bullish move. I expect the price may continue moving sideways until the next trading day. However, if the price retests the psychological level below, we can look for buying opportunities. My goal is resistance zone around 3100Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.