VasilyTrader

GOLD: Where is support?

看空
OANDA:XAUUSD   黃金現貨 / 美元

I was asked a lot to post some updates on gold .

Currently, I don't see any good opportunities for entry.
It looks like bears will keep pushing the market lower.

The first area of support on focus will be around 1435 level.
This area is based on the rising trendline on a weekly
+ 1.272 extensions of the previous bearish impulse.

I will be looking for a long opportunity from the underlined zone,
however, for now, it is quite early to talk about entries.


what is interesting is that if the market breaks below this trendline ,
potential profits for sellers will be extended even to 1370 levels.

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。