GOLD (XAUUSD): Get Ready For Breakout
It feels like Gold is going to update the All-Time High soon.
I see clear signs of a bullish accumulation on a horizontal
resistance based on a current highest high.
A breakout of the underlined orange area and a candle close above
will indicate the continuation o a global bullish trend.
The market will most likely continue rising at least to 2820.
Alternatively, if you are looking for a bearish confirmation,
a breakout of the support of the channel will give you a strong bearish signal.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.