DeGRAM | GOLD consolidation Long

GoldOANDA

Description

⋅ Jun 5, 2023 10:39 AM

GOLD pulled back support level. Price action is consolidating.

Price is basically decelerating while approaching the support level.

Price action is likely to continue consolidating until the new trend is confirmed by a breakout.

We expect the market to move higher since the trend is sideways.

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Comments

Ankhaaotgoo

⋅ Jun 7, 2023 8:10 AM

sick bro

jpeacockfx

⋅ Jun 6, 2023 12:16 PM

Nice work. Good technical analysis and it looks like the trade is going well so far!

TradingShot

⋅ Jun 6, 2023 8:44 AM

Thank you. Great job. Thumbs up!

Williamforex

⋅ Jun 6, 2023 8:33 AM

like it

InvestingScope

⋅ Jun 6, 2023 7:58 AM

Not the most common proposition based on the current market conditions. Generally, it is possible assuming all arguments work out, so thumbs up just for this!

TradingBrokersView

⋅ Jun 6, 2023 7:31 AM

Noted, let's see how it goes.

ArmanShabanTrading

⋅ Jun 6, 2023 6:34 AM

Helpful post!

MadWhale

⋅ Jun 6, 2023 5:20 AM

agree here

TheNewsCrypto

⋅ Jun 6, 2023 12:05 AM

Excellent Analysis

HAMED_AZ

⋅ Jun 5, 2023 7:00 PM

Well done