XAUUSD Range: Trade the Bounce Until Proven Otherwise
Dear All,
When moving averages tighten, it typically signals the formation of a range, as shown in the chart reference.
Indicators suggest that Gold remains bullish in the long term, as mentioned in my previous ideas—please review them, as they are still valid.
However, this doesn’t rule out the possibility of Gold retracing and testing support at the Previous Month Low. If this support breaks, we will reassess and share an updated chart accordingly.
For now, treat it as a range. Mark the high, low, and mid levels, and trade from level to level.
Feel free to follow me for high-quality charts shared at no cost.
When moving averages tighten, it typically signals the formation of a range, as shown in the chart reference.
Indicators suggest that Gold remains bullish in the long term, as mentioned in my previous ideas—please review them, as they are still valid.
However, this doesn’t rule out the possibility of Gold retracing and testing support at the Previous Month Low. If this support breaks, we will reassess and share an updated chart accordingly.
For now, treat it as a range. Mark the high, low, and mid levels, and trade from level to level.
Feel free to follow me for high-quality charts shared at no cost.
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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。