The price perfectly fulfilled my previous idea. It reached the targeted level. 
XAUUSD market appears unstoppable as it reaches a new all-time high level at 3500. From this peak, price pulled back toward the support level and previous day's high. We can observe that the price completed an ABC move before the pullback formed. Following this retracement, there's a possibility the price is creating either a triangle pattern or flag pattern similar to previous formation. If the market maintains position above the upward trendline and the crucial support level at 3400, there's a strong probability of trend continuation with the market retesting the ATH level and pushing further upward. My goal is resistance around 3520
XAUUSD market appears unstoppable as it reaches a new all-time high level at 3500. From this peak, price pulled back toward the support level and previous day's high. We can observe that the price completed an ABC move before the pullback formed. Following this retracement, there's a possibility the price is creating either a triangle pattern or flag pattern similar to previous formation. If the market maintains position above the upward trendline and the crucial support level at 3400, there's a strong probability of trend continuation with the market retesting the ATH level and pushing further upward. My goal is resistance around 3520Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🚀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.