👑 Ideas For XAUUSD / GOLD
📈 GOLD → The situation remains the same. Consolidation
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#XAUUSD continues to consolidate, therefore, the market situation remains the same. The probable outcome of events is a false break of resistance (retest of liquidity area) before further decline
The market has been forming consolidation inside the important range of 1828 - 1812 for the last few days. Liquidity is forming above these boundaries, which the market maker (with high probability) will not miss. In priority, I expect a surge in volumes at the next retest of the resistance area and the formation of a false breakdown. Local strengthening of the price may reach such areas as 1830, 1835, 1840. In the medium term, I expect a further fall, but after reaching local targets. The global target is an important support area, which is indicated on the senior timeframe: Weekly chart on the left (blue level). The moving averages indicate a strong trend. A sell signal can be formed relative to 1828.2, 1833.3, 1835.5
Support levels: 1812, 1807. 1800
Resistance levels: 1828.2
In the long term I expect a continuation of the fall, but a small bullish correction may follow before this movement
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#XAUUSD 👑
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📈 GOLD → The situation remains the same. Consolidation
➖ ➖ ➖ ➖ ➖
#XAUUSD continues to consolidate, therefore, the market situation remains the same. The probable outcome of events is a false break of resistance (retest of liquidity area) before further decline
The market has been forming consolidation inside the important range of 1828 - 1812 for the last few days. Liquidity is forming above these boundaries, which the market maker (with high probability) will not miss. In priority, I expect a surge in volumes at the next retest of the resistance area and the formation of a false breakdown. Local strengthening of the price may reach such areas as 1830, 1835, 1840. In the medium term, I expect a further fall, but after reaching local targets. The global target is an important support area, which is indicated on the senior timeframe: Weekly chart on the left (blue level). The moving averages indicate a strong trend. A sell signal can be formed relative to 1828.2, 1833.3, 1835.5
Support levels: 1812, 1807. 1800
Resistance levels: 1828.2
In the long term I expect a continuation of the fall, but a small bullish correction may follow before this movement
➖ ➖ ➖ ➖ ➖
#XAUUSD 👑
〰️〰️〰️
🟡 How do I join the VIP🔅
⚡ Join the VIP channel 🟢
🗣 Top FOREX Broker 🌟
〰️〰️〰️
💬 My Contact - Ask Linda✅️
💻 Web - RLinda.com ✅
