GOLD - BUY

13 Mar 2022

Weekly:

1. All time high
2. Rejection from All time high
3. Candle close with green color and big wick

After candles like this in 90% of time the price
is going back again to fill the wick!

https://www.tradingview.com/x/xLHlX0or/

Daily:

1. Strong impulse
2. Brake of previous Daily Resistance
3. Engulfing candle from All time high
4. Rejection from Daily Resistance and Fibonacci 61.8%

https://www.tradingview.com/x/eKftaXGE/

4H:

1. Big Head and Shoulders with brake of neckline
but we can see next candle close above neckline.
This is called "Fake brakeout".
Probably the price will continiue to the upside.

https://www.tradingview.com/x/2TMiVQhD/

8H:

I want to show you what NY Session make with the price on Friday.

We can see the NY session push the price to the upside and forming this engulfing candle. Another signal tells me the price will continue to rise.

https://www.tradingview.com/x/BoEIXUmV/