XAUUSD:week's technical analysis (LONG)
Hello traders ✋🏽,
Following last week consolidation Gold seems to be slow and uncertain.
The price is currently stuck within a wide intraday trading range.
Daily chart indicates fairly strong sell to buy ratio as we near weekly curve.
Possible opportunity on gold next week:
.Either trade the market within the range,
buying from support and selling from resistance.
or
. wait for a breakout and buy a bullish violation of the range's resistance expecting a retest of a current high
or sell a bearish breakout of the range's support expecting a drop to 1850.
Safe trading 🎯👍
Following last week consolidation Gold seems to be slow and uncertain.
The price is currently stuck within a wide intraday trading range.
Daily chart indicates fairly strong sell to buy ratio as we near weekly curve.
Possible opportunity on gold next week:
.Either trade the market within the range,
buying from support and selling from resistance.
or
. wait for a breakout and buy a bullish violation of the range's resistance expecting a retest of a current high
or sell a bearish breakout of the range's support expecting a drop to 1850.
Safe trading 🎯👍
註釋
Weekly target reached✔
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。
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。