there will be a big sentiment at the end of the year.
take a short buy (scalping/intraday) for a good profit -upward trend is formed -please do your own analysis before see this post
why long for gold? -Daily make a bulish candle -Trendline H1 already breakout -Gold already make a higher high in lower tf Entry? -wait for engulfing in lower tf -wait at QM level -prefer buy at 1800 for low risk note: Do your own research before see this post. Target Take Profit at 1850(SBR) weekly.
significant support has been breakout and will retest to supply area.
The buyer has already taken over. If you see a monthly time frame, you will see a bullish engulfing zone and price starting to move up.
resistance has been breakout and become a support,please trade wisely and manage your money.
focus sell on usdcad because of breakout significant support and already reach to supply area.please trade wisely.
whose is fans of usdcad,here is your opportunity. I put stoploss at 30 pips to be ready if price make a fakout and make sure trade wisely.
Please wait price reach to support level and trade wisely.
please trade wisely due to swing setup,it takes time to move the market.
price already reach support and make opportunity to buy,please trade wisely.
Gold focus on 1850 - 1830,price already break strong resistance.Trade wisely
Be patient to price reach at supply area and trade wisely.
focus on buy position only for good profit and trade wisely.
Be prepared sell for long term time trading due to usd increasing interest rate maybe in Q2 or Q3.
As you can see price already make breakout significant support and will retest on supply area.Just for retracement only.
price will retest again on 1800 before go to 1900 to test
This is my opinion about trading idea.Significant support has been breakout and will retest at supply area.Good luck!!