Gold - The final resistance breakout!

6月17日

Gold - GOLD - prepares a final rally:

(click chart above to see the in depth analysis👆🏻)

Over the past 12 months, Gold rallied more than +70%. However the past three months clearly rejected a major horizontal resistance. But price action on the smaller timeframe remains incredibly bullish. Therefore an all time high breakout will most likely follow.

Levels to watch: $3.500

Keep your long term vision!
Philip (BasicTrading)

6月26日

交易進行

Gold - GOLD - missed the rally breakout:

(click chart above to see the in depth analysis👆🏻)

Three months in a row, Gold was not able to create new all time highs. This is clearly a sign that Gold is weakening and might create a top formation soon. Looking at the recent incredible +80% rally, a healthy pullback is actually quite likely.

Levels to watch: $3.500

Philip (BasicTrading)
#LONGTERMVISION

7月4日

交易結束：目標達成

🪙Gold (GOLD) seems to fail at resistance:

🔎Analysis summary:

For the past 80 days Gold has been struggling to create new all time highs. Following the recent quite incredible blow off top rally, there is simply now a higher chance that Gold will create a correction. Although the underlying uptrend remains valid.

📝Levels to watch:

$3.500

🙏🏻#LONGTERMVISION
Philip - Swing Trader