The price perfectly fulfilled my last idea. It reached the targeted level.
XAUUSD
broke above the range zone and made an impulse move. The market updated swing highs and fixed above the 2100 level. I think that the price reached the point where it might most likely pullback. If the price makes a fake breakout, then we can expect a correction. I expect the price to pullback toward the support level , then move higher to retest the all time high levels. My goal is resistance at 2147
XAUUSD
broke above the range zone and made an impulse move. The market updated swing highs and fixed above the 2100 level. I think that the price reached the point where it might most likely pullback. If the price makes a fake breakout, then we can expect a correction. I expect the price to pullback toward the support level , then move higher to retest the all time high levels. My goal is resistance at 2147