Hi
I hope you have made money from the previous analysis.
Gold is now in an unbalanced ascending channel . Now gold is advancing to the bottom of the channel and its important support. (levels between 1797 and 1800)
If sales decrease at this level and buyers gain strength. We expect to move towards 1813.5, 1820 and 1830.
tp1: 1813.5
tp2: 1820
tp3: 1830
If we cross these levels with a powerful 4-hour candle, the bottom of the channel will break and the correction process of gold will begin, and this analysis will be invalidated.
I hope you have made money from the previous analysis.
Gold is now in an unbalanced ascending channel . Now gold is advancing to the bottom of the channel and its important support. (levels between 1797 and 1800)
If sales decrease at this level and buyers gain strength. We expect to move towards 1813.5, 1820 and 1830.
tp1: 1813.5
tp2: 1820
tp3: 1830
If we cross these levels with a powerful 4-hour candle, the bottom of the channel will break and the correction process of gold will begin, and this analysis will be invalidated.
Comment:
First tp hit! +80pips
Trade closed: target reached:
tp2 hit! +130pips.
