Gold -> Time For New All-Time-Highs
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Gold is about to retest its previous all-time-highs exactly at the
2080 from which we already had two previous bearish rejections away towards the downside.
You can also see that weekly market structure is still massively bullish, so I am now just waiting for another weekly retest of the previous all-time-high before I then do expect another short term rejection away towards the downside.
On the daily timeframe you can see that Gold just retested the previous daily resistance area, now turned support so I just do expect more continuation towards the upside to retest the2080 area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/XAUUSD/8AP1rCPZ-Gold-Just-A-Boom/
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Gold is about to retest its previous all-time-highs exactly at the
2080 from which we already had two previous bearish rejections away towards the downside.You can also see that weekly market structure is still massively bullish, so I am now just waiting for another weekly retest of the previous all-time-high before I then do expect another short term rejection away towards the downside.
On the daily timeframe you can see that Gold just retested the previous daily resistance area, now turned support so I just do expect more continuation towards the upside to retest the
2080 area.Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/XAUUSD/8AP1rCPZ-Gold-Just-A-Boom/
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