The upcoming outlook for gold is bullish.
The external structure remains bullish, and the internal structure has now shifted bullish as well after breaking the internal lower high. Price completed a clean retracement into the 78% Fibonacci level and has since begun pushing upward.
Gold is currently bouncing from the FVG and is heading toward the upside Unicorn Zone. Before revisiting the all-time high, price is expected to pull back into the major support area and then continue higher toward the double-top all-time-high region.
The external structure remains bullish, and the internal structure has now shifted bullish as well after breaking the internal lower high. Price completed a clean retracement into the 78% Fibonacci level and has since begun pushing upward.
Gold is currently bouncing from the FVG and is heading toward the upside Unicorn Zone. Before revisiting the all-time high, price is expected to pull back into the major support area and then continue higher toward the double-top all-time-high region.
— Rapid Trade Circle
Market structure first. Narrative second. Execution last.
Market structure first. Narrative second. Execution last.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
— Rapid Trade Circle
Market structure first. Narrative second. Execution last.
Market structure first. Narrative second. Execution last.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.