Analyzing a weekly time frame, we can spot a perfect horizontal trading range on Gold.
This year, we saw a perfect bearish reaction from its resistance,
the market started to fall sharply, and now it is closer and closer to the lower boundary of the range.
On focus is 1610 - 1686 demand zone.
From the underlined green area, I will expect a bullish movement.
Wait for a confirmation on lower time frames before you buy!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Comment:
Check my new idea on AUDUSD:
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅