Lingrid | GOLD reached Historic HIGHS

vor 7 Tagen

The price perfectly fulfilled my previous idea. It hit the target zone. XAUUSD has reached another all-time high after breaking and closing above the triangle pattern. The market has been forming small candles, which may indicate a potential pullback, especially with high-impact news scheduled for today that could influence market volatility. I believe the market might retest the previous day's high before moving higher towards another psychological level. Keeping an eye on the news and price action will be essential for determining the next moves. My goal is resistance zone around 2800

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

vor 6 Tagen

Trade ist aktiv

The gold market is currently moving sideways, hovering below the psychological level of 2800. The last daily candle had a small range, suggesting that the market may dip below the previous day's low (PDL). Additionally, a double top could indicate a potential pullback. With high-impact news today, we might see some spikes in the market. I anticipate that the market to move toward the support level and the upward trendline before making a move upward by taking liquidity below the previous day's low. My goal is resistance zone around 2798