GOLD (XAUUSD): Important Test of Structure! Watch Carefully

Actualizado
imagen

Two equal lows are always considered as important reversal clue in price action trading.
With a two consequent bullish candles, we saw a strong bullish pressure the last two days.

The last resort for sellers is a resistance line of a falling parallel channel on a daily.
To catch a bullish swing, wait for its breakout.
It will be a perfect confirmation.

Next resistances:
1755
1800

In case if a trend line is respected and the price sets a new ll, bearish continuation will be expected.

Please, support my work with a like and comment.
Nota
Check my new idea on EURGBP:
EURGBP: Short Trade Explained
Chart PatternsfuturesGoldSilverTrend AnalysisWave AnalysisxaguusdXAUUSD

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
También en:

Publicaciones relacionadas

Exención de responsabilidad