Lingrid

Lingrid | GOLD retest of the DAILY Resistance Zone

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price perfectly fulfilled my last idea. It hit the TP level. On the 1H timeframe, XAUUSD formed a range zone and broke above it. The market broke and fixed above the pattern and the 2030 key level. The market formed a doji candle on the daily timeframe. I think the market will try to move above the doji candle to retest the daily resistance zone. The price rebounded from the upward trendline many times before, and the price rejected it and closed above it. I expect a retest of the daily resistance zone or, alternatively, the choppy market. My goal is the resistance zone at 2043.


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

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