TradingView
DeGRAM
Aug 4, 2021 8:06 AM

DeGRAM | GOLD resistance retestΒ Long

Gold/US DollarSaxo

Description

β‹…
Gold does not break the local minimum after a false breakout of resistance.
I think that there is buyer's pressure and the instrument enters the retest of the 1816 level, if the price breaks the level and consolidates higher, then most likely there will be an increase, I expect an increase to 1831

-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
ForexTrendline
β‹…
Nice one, good job! This is what we have on xauusd

InkyGrip
β‹…
wonderful chart! 🦐️
Forex_Times
β‹…
All indicators indicate that XAUUSD when the 1819.58000 is reached rise is possible.
MisterFibo
β‹…
Indicators make you pay attention to XAUUSD at 1820.05000 in rise)
UnknownUnicorn15614419
β‹…
Solid TA, thanks.
TradingAlchemist
β‹…
I drew attention to the market sentiment, in addition to technical analysis, and I will say that XAUUSD will definitely go down to 1820.58000
Lingrid
β‹…
It’s a masterpiece!
Mihai_Iacob
β‹…
Looks good,thanks for your work
clocks156t174
β‹…
According to my experience,
xauusd resistance usually located at 5n+3, for example, 1808, 1813, 1818, 1823, 1828, 1833, 1838.
I tend to close some winning positions when xauusd is near those levels for potential pullbacks.
In this case, I think 1828 is more important than 1833 and 1831.
More