#OPINIONLEADER# #technicalanalysis# #XAU/USD# Hello everyone, if you like the idea, do not forget to support with a like and follow.
GOLD is stuck inside a range in the shape of a channel as shown in blue. And it is currently sitting around the green support zone 1800.0
The highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline. (acting as non-horizontal support)
As per my trading style:
I will be looking for bullish reversal setups on lower timeframes (like a double bottom pattern, trendline break , and so on...)
Meanwhile, until a bullish reversal setup is activated, GOLD would be overall bearish and can still test the brown trendline from Daily before going up.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
喜欢的话，赞赏支持一下
暂无评论，立马抢沙发