GOLD can move higher? 🦐

27 באפר׳ 2023

GOLD on the 4h chart after the test of the recent high retraced over the weekly support at the 0.786 Fibonacci over the 1980 zone.
A break of the weekly resistance indicates that the bullish pressure has increased and a possible break over the 2050 area can happen.

How can i approach this scenario?

According to Plancton's strategy IF the market will break above we will check the opportunity for a nice long order.

27 באפר׳ 2023

הערה

waiting for a break

1 במאי 2023

הערה

still waiting for a break of the resistance

3 במאי 2023

הערה

possible new recent high soon