GOLDGOLD Before trading, understand resistance and support levels properly. Support is the level where the price stops falling and starts going up, while resistance is the level where the price stops rising and starts going down. If the price breaks below support, it may fall further, and if it breaks above resistance, it may go higher. Understanding these levels will help you make better trading decisions and avoid losses. Trade wisely BTCUSDTBTCUSDEURUSDSOLUSDT
Looking at how price closed yesterday, we have tapped into the daily supply OB, bounced off, and and created a fractal low on the H1.
In the bullish scheme of things, we have also retraced into 50% of the bullish range we are currently in after the internal break of structure to the upside.
I'm anticipating a final push up to premium levels after the fractal break, before the official move down.
Therefore on Monday when the market opens, there's a high probability we might see a gap up.