Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
註釋
GOLD is currently moving sideways, as I mentioned yesterday, and it seems likely that we will see a similar range-bound market today. On the daily timeframe, it made a fake breakout of the previous day's low before moving higher. The price is currently testing the downward trendline. If it breaks through this level, we could see a bullish move toward the previous day high (PDH). It appears that the market is forming a triangle pattern, which I would refer to as a compression channel. These price squeezes often lead to a breakout, which could occur either to the upside or downside. However, given the prevailing bullish trend, it seems more probable that the breakout will be to the upside. My target is resistance zone at 2438
註釋
GOLD has continued to move sideways, forming a triangle pattern as it consolidates. As I mentioned, this consolidation could lead to increased volatility, especially with the impending release of unemployment claims, which could influence market sentiment. The market's current behavior, characterized by higher lows and lower highs, indicates that it is squeezing as it accumulates liquidity above and below the psychological level of 2400. This build-up of liquidity suggests that we may experience some unexpected price movements, particularly if the news causes a strong reaction among traders. I expect that the market may move higher and potentially retest the open level from Monday. It will be crucial to monitor the reaction to the news and how the price interacts with the triangle's boundaries and the psychological level. My goal is resistaance zone at 2430
交易結束:目標達成
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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。