Złoto / Dolar USA
Long
Zaktualizowano

XAUUSD Long

110
We see from the chart price has been moving in a downtrend, recently consolidated for a bit, then broke out and is now trying to find support.

Can we see a LONG run? Let's find out.

What we would need:
  • Retest of the trendline
  • Support being shown
  • Price Action/Candlestick Patterns


Markup:
The yellow vertical line is a visual of where we are trapping price.
The dotted trendline is a visual showing the break of the trend.
The solid trendline is a visual showing price respecting the movement.
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The orange line is where I assume resistance will be for the next few candles.
Still moving the direction for our setup.
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We should see a push happening here
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If you view the live data above as of this comment - price is looking for support which seems like the breakout is the potential target for a setup - just as it did before!

Wouldn't that be a treat !
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