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TradingShot
May 12, 2021 12:42 PM

GOLD Buy signals short-term Long

GOLD / U.S. DOLLARICE

Description

Pattern: Channel Up on 4H.

Signal: Buy as the price successfully tested the former 1816.50 Resistance as Support. Stronger buy zone within the 4H MA50 (blue trend-line) and 4H MA100 (green trend-line).

Target: 1855 and 1875 in extension (i.e. slightly below the next Resistance levels (and former Lower Highs during the February downtrend)).


Former Gold signal:





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Comments
vijayrahul
Awesome Analysis !!
bunnyblack202
bitcoin can look great but how great will it have to do in order to double its value again? many alt coins could more than double their value in a week. if the masses learn math bitcoin will fall.
financialflagship
Quality content, thanks for sharing. 🔥🔥
Wolf_of_Trading
thanks for sharing , price is not breaking resistance zone
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