XAUUSD Gold Bullish Move Momentum Long
Bullish XAUUSD
Fed Rate's higher = gold increases while dollar deceases. (positive fundamental news)
Next to this we are seeing most likely a new break of structure from it's resistance.
If XAUUSD breaks above this a performs a retest in the zone we will see the price rise up to wards the fib level corresponding with the bigger previous swing high (resistance) also a key supply zone for sellers.
Both aspects positively confirm new potential bullishness in Gold.
SL below it's demand zone or swing low
TP 2.414 FIB LEVEL (to be safe I would set it just some PIPS below it)
- David van Delden
Fed Rate's higher = gold increases while dollar deceases. (positive fundamental news)
Next to this we are seeing most likely a new break of structure from it's resistance.
If XAUUSD breaks above this a performs a retest in the zone we will see the price rise up to wards the fib level corresponding with the bigger previous swing high (resistance) also a key supply zone for sellers.
Both aspects positively confirm new potential bullishness in Gold.
SL below it's demand zone or swing low
TP 2.414 FIB LEVEL (to be safe I would set it just some PIPS below it)
- David van Delden
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.
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.