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VasilyTrader
May 13, 2021 1:24 PM

GOLD (XAUUSD): Where to Buy Safely?! Update & Market Outlook πŸ₯‡Β Long

GoldOANDA

Description

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Gold reached a resistance line of a rising parallel channel this week.
The price has retraced and locally the market looks quite bearish.

To catch a bullish trend continuation, pay close attention to a confluence zone
between 1792 - 1800 horizontal structure cluster and a support line of a channel.

Once the price reaches that, look for a confirmation to buy.
I am quite sure that the price will reach 1853 level quite soon.

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Comment

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Check my new idea on GBPUSD:
Comments
VasilyTrader
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Do you agree with my analysis?
immediateCheek
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VasilyTrader
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@immediateChees48618, good!
lilence
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you are great, i follow your signals and trading strategies and lesson every day. You help me very much to understand the begining of trading like a new in that world.
Tnaks, stay like that.
Regards from Macedonia
VasilyTrader
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@lilence, thank you so much buddy!!!
Henry_Ross
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Super+
lerif
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I agree with you , I think that the level 1820-1815 is more probable , and yeah the 1800' could be seen as a 2nd target
And thanks for sharing , have a good day
Yavuz44
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merhaba

1800 gerilermi ? bilgi verebilirmisiniz.
cyztrader
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Nice analysis
VasilyTrader
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@cyztrader, thank you buddy!!!
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