TradingView
Forexintelligence_NA
Apr 14, 2022 10:05 AM

Gold broke above the previous high/it might rise! Long

GOLD (US$/OZ)TVC

Description

Price broke above the previous high which was acting as resistance. Price is now trading above and in the vicinity of this broken zone. If buyers defend this level with proper bullish confirmation we could see price rising up. I will be waiting for further developments, if I see good confirmation will be going long with target of 1990.00.

Traders please do show your support of this idea with likes if you find it beneficial. I will be glad.
Comments
Tradersweekly
It will rise, not it might. There are pretty much no bearish factors for gold at the moment. Thanks for the idea.
Forexintelligence_NA
@Tradersweekly, Thanks for your thoughts. It has already shown that it has potential to rise higher.
Tradersweekly
@Forexintelligence_NA, Indeed. Thanks for the response. And good luck!
sylvester_19
your analysis is correlating positively with the news so..fundamentals play a very big role with regard to the direction of the market..so big my guy!!
Forexintelligence_NA
@sylvester_19, Thank you
zamanseelove444
nice
Forexintelligence_NA
@zamanseelove444, Thank you
More