Lingrid | GOLD anticipating a Complex PULLBACK. Potential LONG

10월 3일

XAUUSD price continues to move sideways after reaching an all-time high (ATH). It appears to be forming a complex pullback, as it has not retested the previous higher high. This price action may lead to a triangle formation, indicating a potential squeeze. With high-impact news scheduled for today, I anticipate the market may retest the previous week's low zone, possibly by forming a complex pullback (like an ABC move) before bouncing back, consistent with the current sideways trend. My target is resistance zone around 2665.


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