How I see it:
Gold achieved new ATH.
Potential re-test of previous confluence - now "SUPPORT"
Wait for the Re-Test to find Support:
"LONG" -
TP 1 = 3000.00
TP 2 = 3038.00
Keynote - As once again GOLD finds itself in unfamiliar new territory:
Very bullish, strong, green quality candles.
Price can always just power on until a psychological resistance is reached,
before any correction will take place.
Thank you for taking the time to study my analysis
Gold achieved new ATH.
Potential re-test of previous confluence - now "SUPPORT"
Wait for the Re-Test to find Support:
"LONG" -
TP 1 = 3000.00
TP 2 = 3038.00
Keynote - As once again GOLD finds itself in unfamiliar new territory:
Very bullish, strong, green quality candles.
Price can always just power on until a psychological resistance is reached,
before any correction will take place.
Thank you for taking the time to study my analysis
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.
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.