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Trading strategy june 18

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Yesterday's D1 candle was a Doji candle. It shows the hesitation of buyers and sellers at the price near ATH.

The h4 structure is a sustainable bullish wave structure and is heading towards higher hooks.
The 3400 zone is the immediate resistance zone that Gold is heading towards. This zone will be the breakout zone for the confirmation of the candle closing above 3400.

The profit-taking reaction zone of sellers at 3415 acts as a price reaction when the price uptrends again and creates momentum towards 3443.

On the opposite side, the breakout point of 3472, if broken, will push the price to the support zone of 3342

Break out zone: 3400; 3372
Resistance: 3415; 3443
Support: 3343
İşlem aktif
Break out zone 3400 + 150 pips for price can not break Resistance

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.