Gold 4H Technical analysis. This week we ended between two zones. Above is resistance zone, below current price are Support zone + Small trend line ( red ) + Trend area on higher time frames and below this trend area there is one more support level where price could stop.
My plan for Monday is to keep an eye on one of these zones. My expectations is that price will break resistance zone and will keep moving more up before down. Because i don't think price reached it's top where price could start to make new trend.
So when price will start to make signs of breaking 1747.97 level then we can start to search for Buy orders.
Or, if price breaks support zone then there is possibility that price will reach trend ( Support area) or even Support level at 1677.40
But like i mentioned, i will keep searching for Buys for now.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.