Gold is trading above a key support zone and holding structure.
Price respected the demand area and is consolidating above the moving average, indicating strength.
Bias: Bullish
Plan:
Looking for continuation to the upside
Entry on a pullback into the support zone
Targets at previous highs and liquidity above
Invalidation below the marked support
Price respected the demand area and is consolidating above the moving average, indicating strength.
Bias: Bullish
Plan:
Looking for continuation to the upside
Entry on a pullback into the support zone
Targets at previous highs and liquidity above
Invalidation below the marked support
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.