GOLD ! Bullish impulse after a false breakout. What's next?🙈
GOLD behaves predictably relative to the 1690 level. A false breakout is formed and the price makes an impulse of almost 400 pips.
Ahead the price meets the resistance - the lower border of the channel, from here we can talk about a new scenario: if the price can enter the channel and fix above its lower border, there will be a potential for growth.
I assume that after the liquidity capture, the lower targets are reached, the price can form a growth. I expect the price to enter the channel and grow. The short-term target is the resistance of the 1750 range.
Regards R. Linda!
Ahead the price meets the resistance - the lower border of the channel, from here we can talk about a new scenario: if the price can enter the channel and fix above its lower border, there will be a potential for growth.
I assume that after the liquidity capture, the lower targets are reached, the price can form a growth. I expect the price to enter the channel and grow. The short-term target is the resistance of the 1750 range.
Regards R. Linda!
🌹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.