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ForexWizard01
Jun 1, 2023 11:06 AM

GOLD possible buy zone!! Long

GOLD (US$/OZ)TVC

Description

Instrument : GOLD
Possible direction : Bullish
Multiple-timeframe Analysis : Daily middle man formation has given high probability for the price to climb up as we have seen strong liquidity grab from daily support.
Weekly : Price had bounce from weekly support level with strong liquidity grab.
Monthly: On the monthly close price had a bounce from support we could see possible rise to resistance.
15Minutes : Price has just grabbed liquidity from daily support and likely to rise up to the daily resistance/ liquidity zone.
A buy trade is high probable from the support level.

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