XAUUSD: Week 23rd to 27th of October
Bullish close of the week.
On chart is upcoming week levels of support/resistance.
Red lines = exact levels of support/resistances.
Red : blue line = zone of support/resistance.
--> On a given timeframe: If closing above both a blue + red line = resistance level taken out and old resistance becomes support.
On chart is upcoming week levels of support/resistance.
Red lines = exact levels of support/resistances.
Red : blue line = zone of support/resistance.
--> On a given timeframe: If closing above both a blue + red line = resistance level taken out and old resistance becomes support.
Comment:
In a clear "long" position zone.
Comment:
Very bullish reversal so far.
Comment:
Today's high @ upper weekly resistance level interval. For reversal, it should get above.
Comment:
GO LONG!!!