👑 Ideas For XAUUSD / GOLD
📈 GOLD → NFP could break resistance
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XAU is forming a consolidation after breaking the resistance of the wedge. On D1, the price is stopping near a strong level and preparing for something-o
Consolidation above the previously broken line forms a potential, it can be either a break of resistance and formation of further momentum, or a false break of a strong level and further fall.
Now everything depends on Unemployment and NFP, the data will be published soon.
On the chart we see the formation of a symmetrical triangle, in this case it means a strong accumulation before a breakout to one side or the other.
Support levels: 1942
Resistance levels: 1947
I expect a strong reaction on the background of the approaching news. A breakout of the figure boundaries will give us a strong reaction in the market.
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#XAUUSD 👑
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📈 GOLD → NFP could break resistance
➖ ➖ ➖ ➖ ➖
XAU is forming a consolidation after breaking the resistance of the wedge. On D1, the price is stopping near a strong level and preparing for something-o
Consolidation above the previously broken line forms a potential, it can be either a break of resistance and formation of further momentum, or a false break of a strong level and further fall.
Now everything depends on Unemployment and NFP, the data will be published soon.
On the chart we see the formation of a symmetrical triangle, in this case it means a strong accumulation before a breakout to one side or the other.
Support levels: 1942
Resistance levels: 1947
I expect a strong reaction on the background of the approaching news. A breakout of the figure boundaries will give us a strong reaction in the market.
➖ ➖ ➖ ➖ ➖
#XAUUSD 👑
〰️〰️〰️
🟡 How do I join the VIP🔅
⚡ Join the VIP channel 🟢
〰️〰️〰️
💬 My Contact - Ask Linda✅️
💻 Web - RLinda.com ✅