salvanost

the importance of 1935 and 1943

salvanost Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
1. usually when important support broken I would say it bearish signal, especially 1935
2. 1935 must be strong to protect 4h bullish signal
3. but daily and weekly need above 1965 to start bullish signal which we don't see
4.so it depend on 1943 resistance now, daily candle close above 1943 or failed and continue to drop?

comment:
it's not friendly to bull plan at all no 1960 retest too
1952 used as bull trap to spike down and blow buyer account

IHS pattern also broken, no more signal reversal to 1980 and 2000 area

even bullish to 1958 might not an ideal bullish trend signal later
Comment:
there no more plan IMO just wait 1943 retest
and monitoring 4h candle dont close under 1935
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.