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VasilyTrader
Nov 14, 2021 9:52 AM

GOLD (XAUUSD): Bullish Outlook! How About Pullback? πŸ₯‡Β Long

GOLD (US$/OZ)TVC

Description

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Hey traders,

After a bullish violation of a key resistance, we saw a strong bullish continuation last week.
The closest strong resistance on my radar is 1900 - 1916 cluster.

At the moment the price is trading perfectly between two key levels,
in order to catch a bullish rally safely I would look for an occasional pullback first.

The safest zone for me to buy from is the contracting area between 1810 - 1835 demand cluster & a major rising trend line.

I do not predict that the price will drop to that zone,
I say that IF that zone is reached, it will be considered safe to buy from.

Good luck!

❀️Please, support this idea with like and comment!❀️

Comment

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Check my new idea on NZDCHF:
Comments
VasilyTrader
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Will we see a pullback next week?
what do you think?
Kestukas20
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@VasilyTrader, I hope a pullback will be
VasilyTrader
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@Kestukas20, thank you for comment brother!
Kestukas20
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@VasilyTrader, what do think about my idea?
VasilyTrader
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@Kestukas20, Everything can happen brother
sahelabshari
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@VasilyTrader, I think soπŸ‘Œ
Mihai_Iacob
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great content, thanks for sharing it
VasilyTrader
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@OptimoomFX, you are welcome my friend)))
ForexTrendline
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awesome chart! Here's ours
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