sunnyk92

Gold - multi-timeframe analysis

sunnyk92 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold is such a beautiful commodity to trade.

Since the major signs of reversal we had an impulsive push to the downside. I expect price to relief/liquidate as sellers will be taking profits to end the week into the structural area.

Trade with proper risk management

Sunny Kumar
Comment:
Target hit. Did not allow us to enter but look at the beauty of the test.
Comment:
First aspect played out perfectly, now we anticipate the next move.

Nil stagnation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.