skrimon Posted November 30, 2022 Share Posted November 30, 2022 As we can see the price goes from the channel support to 1765, but again, the movement is not consolidated, the absence of pre-break consolidation around the level does not give the chance to expect the exit of the price from the range, so my main priority is waiting for the price to form the reversal from 1765 to 1750(1745) again. I assume that the price will be able to form a pullback from 1765. The signal for this will be a false breakout or a rebound from the zone. The subsequent consolidation below the level of 1765 will send the price down. BUT! Also, keep in mind that many factors influence the gold . If the level of 1765 will be broken through and the bulls will strengthen their positions above this level, we will have the potential to move towards 1780, 1795, 1807. Please don't forget to support this idea with your likes and comments, thanks. Link to comment Share on other sites More sharing options...
maspluto Posted December 5, 2022 Share Posted December 5, 2022 There are many things that traders must understand and learn in this forex trading business. Such as analytical skills must continue to be developed as well as careful preparation. So that later it will make traders more comfortable and safe carrying out trading activities with the Tickmill broker. Link to comment Share on other sites More sharing options...
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