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tntsunrise
Jul 5, 2023 8:37 AM

Gold Break Trend line and formed 1H engulfing candle Long

GoldOANDA

Description

Gold Break Trend line
and formed 1H engulfing candle
Long gold now
SL 1920
Aim 1947
Comments
Don_Corleone
Gold is at a very nice resistance zone.We've been rejected from that zone severals times on the daily closes.Also we are ones again trading/closing below 20 EMA on the daily.I still think Gold is under pressure and most likely we are heading lower to that 1890-1900 area ones again.News might change that tho!GL and thx for sharing Jack!
AlphA7979
@Don_Corleone, exactly mate, as long as we are below 1930 there is sell pressure and we may go down to 1890 areas, but if we get a strong breakout of 1930 and these resistance we go jump up
rTrader_official
agree with that
StewySongs
💯💯💯💯
kjzsbtby
I woudn't long until is on 1885
jpeacockfx
Definitely can see your reasoning behind this setup but the pattern that you have marked up looks like a descending triangle which is a bearish pattern?
thejuveniletrader
Hopefully y'all cashed out after TP1
boraxsus
Dears , why Paxg is not moving higher although XAU making new highs?
vf_investment
I agree
Thomas_Zito
nice sensei ! TP1 reached
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