XAUUSD... 4h review

20 Ara 2022

from my last analysis until now (linked down below) price still trapped into the ascending wedge,

hovering over a local trend line moving in the ranged zone.

although we had lots of chances for scalp trading but the main move not happened yet.

so price can keep moving between 2 edges of our wedge tending to test the blue area

around 1845$ in days coming.

however closing below the baseline of my chart increase odds to drop.

above the baseline has more chance for testing upper resistant levels, let's see.




Enjoy the market
#WOMAN. LIFE. FREEDOM

3 Oca 2023

İşlem kapandı: hedefe ulaştı

hit the area on the top of the wedge as expected.
now above the base line or the area is heading for next target around 1870 or below the base line will drop. let's see

4 Oca 2023

Not

closing above the area will lead the price to next area levels between 1870 and 1880.

9 Oca 2023

İşlem kapandı: hedefe ulaştı

our long shot target hit and closed.