Hey traders,
It turned out that Gold managed to break and close above a major daily key level.
The violation was confirmed by a high momentum bullish candle.
Now in order to buy safely, monitor the contracting area between a major rising trend line
& 1809 - 1834 horizontal demand zone.
Wait for an occasional retest of that zone and look for a confirmation to buy.
Next goal for buyers is 1900 - 1916 supply area.
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Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel youtube.com/c/VasilyTrader
โ Facebook: facebook.com/VasilyTrading/
โญ My Forex & Gold Broker: bit.ly/vasilyforexbroker โญ
โ๏ธYouTube Channel youtube.com/c/VasilyTrader
โ Facebook: facebook.com/VasilyTrading/
โญ My Forex & Gold Broker: bit.ly/vasilyforexbroker โญ
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.