Gold Spot / U.S. DollarUpdated XAUUSD Chart Analysis New High Possibility of Still Rejection
We can observe that multiple times when Gold is near the new high it faces rejection before going upside again. A down side liquidity has been and Gold is still bearish.
If Gold brea and close below 2944 we have a clean range till 2935 and it can come down
If it breaks above the previous resistance zone than we can see new High coming, we have to wait before entering
If Gold brea and close below 2944 we have a clean range till 2935 and it can come down
If it breaks above the previous resistance zone than we can see new High coming, we have to wait before entering
Trade active
Market break close below the FVG showing more selling pressure from here and we also have a clean range below so we can now enter in Sell position from here setting our SL at 2949 and can take our TP at the lower support zone i.e 2935Trade closed: target reached
Target hit massive sell take enjoy waterfall all my follower traderfollow my idea
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Mastering Chart Patterns Together
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Disclaimer
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Fundamentals & Technical Insights
Gold & BTC Specialists
Mastering Chart Patterns Together
Account management.
t.me/+a6yeLPhaskM4ZDI8
Gold & BTC Specialists
Mastering Chart Patterns Together
Account management.
t.me/+a6yeLPhaskM4ZDI8
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.