TradingView
tradafx
Oct 25, 2021 6:16 AM

XAUUSD commentary week 43 from October 25 to October 31 Long

GoldOANDA

Description

H4 time frame.
Structure: Gold is currently moving in an ascending channel.
After the price made a new high at 1812 there was an immediate move down towards 1782 to retest the recently broken resistance.
Here, waiting for a bullish reversal pattern to appear, you can look for buying opportunities.
The profit target is the 1820 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
More