Analysis of #GOLD
Hi traders, today we will have a look at #XAUSUD
The gold market has been recently going up and I have received several messages from my followers regarding the analysis of a gold
The market as far as I can tell and only pure technical analysis, the market is trending up and if we want to look for a buy as you can see from my chart I highlighted where are the best levels for a buy.
The first place I will look to buy is the previous structure support level we can wait for confirmation at the structural support level which might be a reversal pattern, bearish candle formation, or harmonic pattern,
If the first trade doesn't trigger in, may be triggered but hit SL we can wait for another entry at the trend line support near key support level 1800
I hope you found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #XAUSUD
The gold market has been recently going up and I have received several messages from my followers regarding the analysis of a gold
The market as far as I can tell and only pure technical analysis, the market is trending up and if we want to look for a buy as you can see from my chart I highlighted where are the best levels for a buy.
The first place I will look to buy is the previous structure support level we can wait for confirmation at the structural support level which might be a reversal pattern, bearish candle formation, or harmonic pattern,
If the first trade doesn't trigger in, may be triggered but hit SL we can wait for another entry at the trend line support near key support level 1800
I hope you found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
