#GOLD #XAUUSD - MORE Upside on Weekly Chart!
See annotations on this chart of previous SuperTrend Buy flips that prelude an upswing!
Shorter Term SuperTrend has finally flip to Buy!
Seeing very strong level of interest and support currently - as shown by High Volume Nodes of Volume Profile Indicator. Current price is also well supported above 100EMA (The grey dotted lines).
My personal target zone for this play is the green box shown: 1850-1870 (which is the next overhead High Volume Nodes region -- a key resistance zone).
Please take note I'm looking at this from weekly chart perspective!
I am seeing increasing challenging market conditions ahead for the broad markets, it is timely for GOLD to shine!
Trade safe and as always, please do your own due diligence!
💡IMPORTANT DISCLAIMER: All Information, Commentaries and Opinions shared in this post are purely for educational and entertainment purposes and ARE NOT recommendations to buy or sell any stock, security, or asset. Please do your own research and due diligence, and exercise your own discretion for all trading and investment decisions.
See annotations on this chart of previous SuperTrend Buy flips that prelude an upswing!
Shorter Term SuperTrend has finally flip to Buy!
Seeing very strong level of interest and support currently - as shown by High Volume Nodes of Volume Profile Indicator. Current price is also well supported above 100EMA (The grey dotted lines).
My personal target zone for this play is the green box shown: 1850-1870 (which is the next overhead High Volume Nodes region -- a key resistance zone).
Please take note I'm looking at this from weekly chart perspective!
I am seeing increasing challenging market conditions ahead for the broad markets, it is timely for GOLD to shine!
Trade safe and as always, please do your own due diligence!
💡IMPORTANT DISCLAIMER: All Information, Commentaries and Opinions shared in this post are purely for educational and entertainment purposes and ARE NOT recommendations to buy or sell any stock, security, or asset. Please do your own research and due diligence, and exercise your own discretion for all trading and investment decisions.
💡Market Trends, Investment Cycles, Trade Ideas & Concept Setups using 𝐕𝐂𝐂𝐁 𝐏𝐎𝐖𝐄𝐑 𝐓𝐑𝐄𝐍𝐃 𝐒𝐘𝐒𝐓𝐄𝐌 (𝐏𝐓𝐒).
✪ www.twitter.com/petersinguili ✔
✪ www.twitter.com/VCCBtrader ✔
✪ Telegram Broadcast: t.me/VCCBtrader ✔
✪ www.twitter.com/petersinguili ✔
✪ www.twitter.com/VCCBtrader ✔
✪ Telegram Broadcast: t.me/VCCBtrader ✔