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VasilyTrader
Apr 5, 2020 11:06 AM

GOLD (XAUUSD) Strong Resistance Ahead  Long

Gold/U.S. DollarFXCM

Description



gold is very close to a strong structure resistance.

with a relative weakness during this week, it is hard to say whether it will break it or not.

pay attention to breakouts:
bullish breakout of the resistance will confirm the buying sentiment and will give us a perfect opportunity to long
bearish breakout of the wedge will give as a short term selling position.

entering from current prices is quite risky!

good luck!
Comments
pezza82
Spot on bro!!! Nice one
Subbota
How about gold now
Rahmatur
You are grate
simtrader19a
simtrader19a
kotelvero
Hard to say. But if breakes i will go long, if not i will go short.
VasilyTrader
Are you bullish or bearish on gold next week?
JozeSilc
@VasilyPonomarev,
go up!
ProTraderNataliaRUS
@JozeSilc I also think so
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