Gold’s bullrun continues
Gold’s bullish climbing against USD goes on as US and China’s economic tension continues.
When we check the 2 hour chart, 1488 support worked well and pushed the price to 1533 resistance. Let’s wait and see if this resistance can handle with the strong move or would price be able to break resistance and go into 1523-1553 channel. As in my opinion even if 1523 resistance will work and push the price down, it will be broken in next try.
Moving average and Parabolic SAR seems that the movement is strong. But at the same time Bollinger bands widened that may be showing the value may continue horizontal for some time and than try to break the resistance again.
RSI’s support baseline worked also very well.
XAU/USD weekly
https://www.tradingview.com/x/Chdf5afh/
XAU/USD daily, perfectly worked bullish pennant formation
https://www.tradingview.com/x/vDetvHxJ/
When we check the 2 hour chart, 1488 support worked well and pushed the price to 1533 resistance. Let’s wait and see if this resistance can handle with the strong move or would price be able to break resistance and go into 1523-1553 channel. As in my opinion even if 1523 resistance will work and push the price down, it will be broken in next try.
Moving average and Parabolic SAR seems that the movement is strong. But at the same time Bollinger bands widened that may be showing the value may continue horizontal for some time and than try to break the resistance again.
RSI’s support baseline worked also very well.
XAU/USD weekly
https://www.tradingview.com/x/Chdf5afh/
XAU/USD daily, perfectly worked bullish pennant formation
https://www.tradingview.com/x/vDetvHxJ/
Trade aktif
Seems that we are breaking the resistance alreadyTrading ditutup: target tercapai
Target we have determined previously has been reached. And now the trade is successfully closed
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.