Lingrid | GOLD continues to look Bullish. Long from SWAP zone

11 ott

The price perfectly fulfilled my previous idea. It hit the TP. XAUUSD bounced off the psychological level after forming a double bottom. The price tested the resistance zone, where there had previously been an impulse leg downward, so we can anticipate a pullback from this level. Given that the market is in an overall bullish trend and has grabbed liquidity below the two-week lows, I expect this week to close between 2630 and 2660. Additionally, with high-impact news today, we may see significant fluctuations in the market. I expect a rebound from the swap zone and bullish move by breaking the channel. My goal is resisatance zone around 2655

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻