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VasilyTrader
13 sie 2022 09:26

GOLD (XAUUSD): Detailed Technical Outlook 🥇 Short

GoldOANDA

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Hey traders,

Gold closed within a major horizontal weekly structure resistance again.
Analyzing an intraday perspective, I spotted a rising wedge on 12H time frame.
The price nicely bounced from its support on Friday.

To catch a correctional move from the underlined structure, wait for a bearish breakout of a wedge's support.
It will trigger a bearish move at least to 1775.

Alternatively, weekly candle close above a yellow area will trigger a bullish continuation.

Good luck next week!

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Komentarz

Check my new idea on Oil:
Komentarze
VasilyTrader
Wait for a wedge's support breakout
that is your trigger to short, traders
UnitedSignals
I have similar expectations here bro!
TORNADOF5
hey , what do you think about dow ? are we srsly back in bull market ? ioi
VasilyTrader
@TORNADOF5, Heeey
I don’t really think so
I assume that we are still in a bearish trend
And a current bullish move is just a correctional movement
TORNADOF5
@VasilyTrader, i saw ppl are grubbing every stock IoI
i think the same we could be in danger zone
sifumin
Thanks for sharing
ProSignalsFx
Awesome idea bro!
TopTradingSignals
Cheers!
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