Hello Traders,
We can see here a swap zone. A swap zone is a supply or demand which turns in the opposite once the price broke trough.
I usually do not trade swap zones because they are not very strong but this setup looks very promising.
Gold is currently very bullish on every higher timeframe. Due to fundamentals i expect a further move to the upside.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦