Gold looking for higher high test
Break above upper orange band was massive bull signal. now testing pink upper is most obvious destination. watching for 1900 psychological test. Plan A blue arrow. Rejection Plan B dotted low hunt.
Pink upper band would be bull test to create a higher high on 4H timeframe, rejection here is possible (see November 9th) however the resistance is not as heavy as it was before. getting ready for rejection but overall bias bull from here, watching 1900-1904 carefully. 1850's would be a great entry from here. if red channel can hold it would be a great bull signal again to reload.
good luck everyone, this is just an analysis
the only thing that is certain is that nothing is certain
Pink upper band would be bull test to create a higher high on 4H timeframe, rejection here is possible (see November 9th) however the resistance is not as heavy as it was before. getting ready for rejection but overall bias bull from here, watching 1900-1904 carefully. 1850's would be a great entry from here. if red channel can hold it would be a great bull signal again to reload.
good luck everyone, this is just an analysis
the only thing that is certain is that nothing is certain
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