XAUUSD Analysis Complete
A lot of people and traders were expecting this precious metal to fall...just looking at whats in front of you doesnt allow you to see the cogwork that moves gold, following a respective pivot off the 25% quarter level whilst also showing the inability to push below2300 for multiple days which caused a consolidation in 1+2HR but a bearish flag on 4HR which is a sign of market reversal.
When price momentum broke through the 50% quarter level and key resistance barrier I knew it was time to enter my long up to 75% and the next respective pivot order block where its surged too and now sits on 2375 where we can expect the next fractal pivot to appear between 2390
When price momentum broke through the 50% quarter level and key resistance barrier I knew it was time to enter my long up to 75% and the next respective pivot order block where its surged too and now sits on 2375 where we can expect the next fractal pivot to appear between 2390
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.