On the monthly XAU/USD has entered a ranging mode, this puts 1400 in view as a potential top of range. On the weekly chart, we have entered a fresh uptrend. On the daily chart, we are in a strong uptrend.
A sharp return to the 1190 level would generate opportunity for great long. A slower return to the 1190 level would be less favourable and I would expect to see a slightly deeper penetration perhaps to 116x.
Tier 1 trade because we are at a major trendline on the monthly and it is not cleared yet; trends are not in agreement.
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.