Mihai_Iacob

Gold- A nice start of the week for bulls (so far)

לונג
OANDA:XAUUSD   זהב / דולר אמריקאי
In my Friday comment, I wrote that, after such an impressive upmove, there is a pretty good chance of a correction, indicating 1975 as the confluence support zone that traders should look at.
Asian session opened with a drop in that zone and bulls quickly took control and elevated the price back above 1980
On the h4 posted chart, we also see a long-tailed pin bar in this confluence support zone that also favors bulls.
That being said, my bullish outlook remains intact as long as we don't have a clear break under support and a rise back to last week's highs could lead to upwards acceleration.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
כתב ויתור

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.