XAUUSD what to expect
Seasonally during October gold is typically range bound.
On the chart, we have highlighted The External Range in the Internal Range.
There is liquidity on both sides of the Internal Range. Gold at one point needs to break out of the Internal Range.
We will be observing the descending trend line to establish which side of the liquidity Gold is likely to reach for.
Break above the trend line will indicate it is likely to reach for Liquidity above 1834.
Rejection at the trend line will indicate Gold is likely to reach for Liquidity below 1676.
On the chart, we have highlighted The External Range in the Internal Range.
There is liquidity on both sides of the Internal Range. Gold at one point needs to break out of the Internal Range.
We will be observing the descending trend line to establish which side of the liquidity Gold is likely to reach for.
Break above the trend line will indicate it is likely to reach for Liquidity above 1834.
Rejection at the trend line will indicate Gold is likely to reach for Liquidity below 1676.
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Aviso legal
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.