RLinda Trading

Professional trader with more than 12 years of experience in Forex, gold and cryptocurrency markets, including work with various exchanges, brokers and market makers, a large amount of theoretical and practical knowledge. With these capabilities in mind, we offer you the best signal provider service. Best forex signals, crypto signals and accurate gold signals will allow you to become a winner in trading
R.Linda Trading - forecast

Trading signals for #GOLD → Breaking through strong resistance. What to prepare for?

CRYPTO forecast
XAUUSD continues to consolidate in the 1984 -1935 range while forming a local flat. The price breaks the resistance of the global pattern and gets a strong bullish signal.
On D1 we see the formation of a wedge, a strong enough pattern that is capable of forming awesome impulses. Price breaks the resistance and consolidates above the upper boundary of the pattern for several days.
On the 4-hour timeframe, price is in consolidation 1965-1954. A resistance retest is forming and there is a strong possibility that price could break that line.
On the H1 MA-200 and MA-50 we got a bullish signal.
On H4 the MA-50 acts as support.
Strong support: 1954, MA-50, the previously broken wedge resistance
Strong resistance: 1965
I expect that after the next retest of the resistance 1965, this level will be broken and we will see the growth towards 1981 and to 2000.
Regards R.Linda!