tomgeorgejr

Gold Broke Major Trendline - Bullish Momentum Pushing Price Up!

FOREXCOM:XAUUSD   골드 스팟 / 미국 달러
I previously had a bearish bias until the strong bullish momentum Gold showed us yesterday. Price broke a MAJOR trendline with a strong bullish candle. Price also retraced 50% on the daily. The way structure has formed on the daily against an ascending trendline indicates a lot of stored bullish momentum.

Did this chart confirm your own analysis? LIKE & FOLLOW if it did! I want to continue to provide valuable analyses for you guys, so show me some love!

Follow my friend @transparent-fx his videos are super insightful! I've personally learned a lot from him!

Do you agree with this analysis? Comment below!
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.