SUPPORT AND RESISTANCE / PRICE ACTION

Zaktualizowano
In this analysis we are focusing on M30 time frame for XAUUSD. Here I'm using support/resistance and price action strategy. As we know that market trend was bullish and gold creates a new all time high. But now price is in consolidation range. Today I'm looking both opportunity bullish or bearish, If price break above the consolidation area than we look for buy but after strong confirmation. In other case If market price break below the consolidation area and close the candle below this area then we look for sell but first we take confirmation then we go for sell because we know that the trend was bullish and we also see the volume and momentum or RSI divergence. Let's delve deeper into these levels and potential outcomes.

Always use stoploss for your trade.

#GOLD M30 Technical Analyze Expected Move.
Zlecenie aktywne
Trading Active
Zlecenie aktywne
Trade Status: Active
Zlecenie aktywne
Active
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Active Trade.
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Active Trade
Zlecenie aktywne
Active
Transakcja zamknięta: osiągnięto wyznaczony cel
Trade Close Target Reached Successfully
Transakcja zamknięta: osiągnięto wyznaczony cel
Target hit successfully.
Chart PatternsFundamental AnalysisliquiditypriceactionsmcconceptTrend Analysis

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