👑 Ideas For XAUUSD / GOLD
📈 GOLD → A temporary respite after a high jump
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GOLD continues to form a bullish trend, indicating strong interest in the market. The strong rally is moving into a narrow consolidation, which may hint at certain implications
Yesterday we saw a breakout of the local consolidation and a gorgeous 200 pips momentum.
The price is testing the resistance at 1981.7 and forming a 110 pips wide fljt. Gold may test the support and start strengthening again or form a consolidation near 1981.8.
At the moment, since there is a strong trend, we should consider either a rebound from 1970 or a breakout of 1981. The growth may continue and the price may test 1993 soon.
The moving averages indicate a strong bullish trend. The daily timeframe is forming a candlestick that gives a prerequisite for a breakout of 1981 in the near future.
Support levels: 1975, 1970
Resistance levels: 1981.8
I expect consolidation with the subsequent breakout of 1981.7. In the long term I expect growth to 1993 and 2000
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#XAUUSD 👑
〰️〰️〰️
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📈 GOLD → A temporary respite after a high jump
➖ ➖ ➖ ➖ ➖
GOLD continues to form a bullish trend, indicating strong interest in the market. The strong rally is moving into a narrow consolidation, which may hint at certain implications
Yesterday we saw a breakout of the local consolidation and a gorgeous 200 pips momentum.
The price is testing the resistance at 1981.7 and forming a 110 pips wide fljt. Gold may test the support and start strengthening again or form a consolidation near 1981.8.
At the moment, since there is a strong trend, we should consider either a rebound from 1970 or a breakout of 1981. The growth may continue and the price may test 1993 soon.
The moving averages indicate a strong bullish trend. The daily timeframe is forming a candlestick that gives a prerequisite for a breakout of 1981 in the near future.
Support levels: 1975, 1970
Resistance levels: 1981.8
I expect consolidation with the subsequent breakout of 1981.7. In the long term I expect growth to 1993 and 2000
➖ ➖ ➖ ➖ ➖
#XAUUSD 👑
〰️〰️〰️
🟡 How do I join the VIP🔅
⚡ Join the VIP channel 🟢
〰️〰️〰️
💬 My Contact - Ask Linda✅️
💻 Web - RLinda.com ✅