MARKET TREND/STRUCTURE USING XAUUSD

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TRADEWITHKENNY

EDUCATIVE : The trendline drawn above highlights the bullish confirmation on the 4-hour timeframe at the 2,890 support level , following a fake breakout . The 2,880 level acted as a key support zone and was retested multiple times , as shown on the chart before continuing the trend.

It’s always advisable to perform a top-down analysis , starting from the weekly timeframe down to the hourly and minute timeframes , to refine entries at key levels for better trade execution.

Disclaimer : This is my personal view and should not be considered financial advice.

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.