Bullish rally continues on gold.
The market is currently trading within a rising parallel channel.
Here are the main key levels to watch:
- The closest support is based on a support line of a channel
and the confluence with a major daily underlined horizontal support
- The closest resistance is based on the resistance of the channel
- The next major resistance is 1815 daily structure cluster
Key levels serve as save points to trade from.
While the price is within, it is better to stay away.
❤️Please, support this idea with a like and comment!❤️
⬇️Subscribe to my social networks!⬇️
Comment:
Check my new analysis on EURUSD:
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅