Lingrid | GOLD testing KEY support Level

2024年4月23日

The market plunged to a key level at 2300. XAUUSD is testing the previous week's low. XAUUSD has reached the buy zone, as I mentioned in my weekly outlook. On the weekly timeframe, the price went below the last 2 weeks low. We should pay attention to how the day closes today. I think the market might form a small-range zone and then break through it upside. Basically, I expect a bullish move toward the resistance zone if we get a signal in the form of a rejection candle. My goal is the resistance zone around 2350.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

2024年4月24日

註釋

The price perfectly fulfilled my last idea; it bounced off the key support level. XAUUSD formed a long-tailed bar showing a support level rejection on the daily timeframe. The price might continue to range because we had a sell-off before, which then came sideways. I think the market may retest 50% of the previous daily range and then surge upwards. I expect a retest of the recent resistance zone and channel border. My goal is the resistance zone around 2349.000

2024年4月26日

交易結束：目標達成

Congratulations to you, the one who took the trade. The market perfectly touched the entry zone before making its way up to hit the take profit. 🤑