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basictradingtv
Feb 7, 2024 7:00 PM

Gold - Prepare For The Breakout 

GoldOANDA

Description

Hello Traders, welcome to today's analysis of Gold.

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Explanation of my video analysis:

In 2007 Gold started creating a major bullish trendline and just recently retested in in September of 2022. Furthermore Gold has been trying to break above the $2060 resistance area for quite some time now. Eventually I do expect a breakout but we could see another rejection down to the trendline mentioned in the analysis where I will be looking for more long setups.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.
Comments
ledderandre
Outstanding as always. Thanks again.
basictradingtv
@ledderandre, thanks a lot for the motivation andre!!!
basictradingtv
If you also still believe that we can see a breakout on Gold, smash that "Like" button! Keep your long term vision.
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