InkyGrip

GOLD on the 1890 test 🦐

InkyGrip Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD on the 4h chart has tested the 1890 level at the 0.618 Fibonacci area of the major upside impulse.

The price after is turning to the upside and is currently moving to a 4h resistance.

According to Plancton's strategy IF the market will break above we can set a nice long order.
Comment:
break to the upside as expected
Comment:
slow retracement after the break
Comment:
test of the 0.382
Comment:
looking for a bullish continuation
Comment:
so far so good
Comment:
a perfect bullish analysis
Comment:
2.3% call
Comment:
rejection by the 1950 area
Comment:
still trading below the 1950 zone
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.