In this GOLD/USD trading analysis, we delve into the market movements since 2020, focusing on the formation of a harmonics pattern and the confirmation of the previous low-loading region as support. Notably, the market surpassed resistance around $1500, signaling a significant bullish momentum. Further analysis of the daily timeframe reveals a trend of treating...
I decided to go long on gold immediately after receiving a reversal candlestick at a low on top of daily support. This candle also provided bullish volume after breaking a trendline and creating a new high. Price is now on the buy side of a strong trendline as well as the buy side of a strong support. I look forward to adding an entry upon a reversal candlestick...
As described here - I see the signs are right for a bullish move in cotton.