Hey traders,
A lot of questions about Gold.
As we discussed on yesterday's live stream, the price is currently approaching a lower boundary of a major demand zone on a daily.
Analyzing the intraday perspective we may spot a falling wedge pattern and an inverted h&s pattern inside on 1H time frame.
Our trigger to buy will be a bullish breakout of a neckline of the h&s pattern.
Wait for an hourly candle close above 1890 - 1895 area.
Then a bullish move will be expected to 1907 / 1924 levels.
If the price breaks the underlined yellow structure on a daily,
setup will be invalid and a further decline will be expected.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Комментарий:
Check my new idea on DXY:
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅