Lingrid | GOLD Possible Short-Term PULLBACK from KEY Resistance

31 de jan.

The price perfectly fulfills my last idea. It reached the target level. XAUUSD market moved above the previous year's high and reached the psychological level at 2800, confirming the expectation from yesterday. Currently, the price is moving sideways at this resistance zone, and it's possible that we may see a short-term pullback in this area, despite the daily timeframe showing a close above the previous ATH. With upcoming high-impact news, it's essential to remain vigilant. I expect the price to continue consolidating at this level, likely trading between 2770 and 2800, especially as we approach the monthly close. This consolidation may lead to further volatility once the market reacts to the news. My goal is support zone 2775

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

3 de fev.

Trade fechado: objetivo atingido

The price perfectly hits the TP 🤝