what a bullish rally on gold. 3 strong bullish daily candles in a row...
HOWEVER, analyzing the historical perspective we may notice that price is entering a historical resistance cluster: 1780 - 1802 is a supply zone based on 2011 - 2012 price action.
on a daily the price formed a harmonic movement with D point lying perfectly within the underlined structure. based on that I want to warn you that it is too late to buy and now the best option for us it to wait for a intraday short trade. (or if you are bullish biased, not trade at all until a good long entry on discount)
pay attention to the price action on 1H and look for a reversal formation. I will try to catch some quick short trade but for now PATIENCE!
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.