Gold (XAUUSD) will retest a previous resistance level @1360 and will continue long as shown in the chart above
Why retesting?
1- didn't retest before
2- reversal candles
3- divergence
4- needs more power to reach 1800
5- Banks are putting short positions since Feb-18
entry will be @ 1367.5
TP(1): 1448.44
TP(2): 1550
TP(3): 1646.2
TP(4): 1787.9
SL: 1323.4
Why retesting?
1- didn't retest before
2- reversal candles
3- divergence
4- needs more power to reach 1800
5- Banks are putting short positions since Feb-18
entry will be @ 1367.5
TP(1): 1448.44
TP(2): 1550
TP(3): 1646.2
TP(4): 1787.9
SL: 1323.4
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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.
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.