Futuros de ouro
Viés de alta

Gold still setting itself for upside to $2,351 with SMC Explain

137
Cup and Handle formed on Gold recently.
We had a break above the brim level.
Now we are having some kind of retracement, for Smart Money to pick up orders before heading on up.
7>21>200
Price>200
RSI>50
Target 2,351

SMC:
Sell Side Liquidity order block is just below the handle of the C&H.
This is also where the powerful 200MA is.
When the price came down, Smart Money swept the liquidity of selling (bought into them) and hence the price shot up.
I am still very much bullish with Gold - Until further notice.

Aviso legal

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