Andre_Cardoso

$xauusd Threatening the structure trend-line resistance

Largo
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
XAUUSD

Gold it's now facing an important structure pressure zone after reinforcing the major ascending structure channel with support at 1266/1269.
Previous structure trend-line supporting the lows from January 24th and March 7th recovered, but also the trend-line covering the previous and most recent highs as resistance now as potential/eventual support.
Breaking above this pressure zone should force the price to retest the weekly fractal resistance around 1310, with one eventual bearish butterfly pattern projected at 127% fib just a couple of points above the major resistance at 1322.


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.