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ssh98
Apr 25, 2022 10:37 AM

XAUUSD Buy  Long

GOLD (US$/OZ)TVC

Description

The #1,915.80 barrier is decent nearby Support so buyers have a good reversal point. If Gold hits the #1,938.80 benchmark and invalidates it on one try, representing strong Resistance (see how it held strongly on April #10, April #11 and April #20) but also due Friday’s session parallel recovery on the Bond Yields (inverse correlation) and DX on Buying rally, arising Buyers on every local Low's. If #1,915.80 however gets tested and invalidated on one hit, Price-action may fill #1,900.80 (former multi-Month Resistance level ) Intra-day. We can buy from the same extension
Comments
Nico.Muselle
Hello, congrats on sharing your first chart with the community. We hope it was a fun challenge. Thanks for sharing with the community.
✌🏽from mod @Nico.Muselle, TradingView moderator
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