Lingrid | GOLD anticipating VOLATILITY on FEDs Rate day

ontem

The price perfectly fulfilled my previous idea. It almost reached the target. XAUUSD bounced off the swap zone and is moving toward the resistance zone. With the FED rate decision today, we can expect increased volatility in the markets. On the daily timeframe, the price has formed an inside bar pattern. A breakout above the Monday high or below the Monday low is likely to determine the next move. I anticipate that today could see significant swings, and I expect the price to move higher, potentially testing the all-time high level. If the price closes above 2790, we could see a continuation of the current trend. Conversely, if the price forms a false breakout of the resistance zone, we may experience some sell-offs in the market. Overall, I expect the price to move toward the liquidity above the ATH level. My goal is resistance zone around 2800

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há 11 horas

Trade ativo

The market has reached the upper boundary of the channel on the 1H timeframe, and there is potential for a pullback from this area. However, considering the bullish momentum that has developed, there is a strong possibility that the price will continue toward the key resistance level of 2800. Additionally, the market has broken above the highs of the previous three days. With high-impact news like unemployment claims on the horizon, we can expect increased volatility. I anticipate at least a break above of previous week's high, followed by a continuation of the upward trend. My goal is resistance zone around 2790