GOLD ! Testing the liquidity zone. Possible rollback😎
Updated
GOLD has been in a global downtrend since testing global peak 2070.
On the chart we see a strong price channel and a distributive movement from the resistance zone. The price has almost reached the liquidity zone.
I think a false break of support 1690 and a liquidity grab is possible, after which a surge in volume and a strong pullback are possible.
I assume that the price will test the level of 1690 by a false breakdown, after which it can form a pullback to resistance. The key zone is the resistance area of 1724.
Regards R. Linda!
On the chart we see a strong price channel and a distributive movement from the resistance zone. The price has almost reached the liquidity zone.
I think a false break of support 1690 and a liquidity grab is possible, after which a surge in volume and a strong pullback are possible.
I assume that the price will test the level of 1690 by a false breakdown, after which it can form a pullback to resistance. The key zone is the resistance area of 1724.
Regards R. Linda!
Note
+250 pips in moment ✅😎False breakout of the liquidity zone, and, as I said, strong momentum after the setup.
Note
+390 pips in moment. Great idea✅✅🤩🤩
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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.