Hey traders,
Gold closed within a major horizontal weekly structure resistance again.
Analyzing an intraday perspective, I spotted a rising wedge on 12H time frame.
The price nicely bounced from its support on Friday.
To catch a correctional move from the underlined structure, wait for a bearish breakout of a wedge's support.
It will trigger a bearish move at least to 1775.
Alternatively, weekly candle close above a yellow area will trigger a bullish continuation.
Good luck next week!
âĪïļIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!âĪïļ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Check my new idea on Oil:
â
Join My Telegram Channel: t.me/VasilyTrading
âïļYouTube Channel www.youtube.com/c/VasilyTrader
ð°Instagram: www.instagram.com/VasilyTrader/ ð°
â Facebook: www.facebook.com/VasilyTrading/ â
âïļYouTube Channel www.youtube.com/c/VasilyTrader
ð°Instagram: www.instagram.com/VasilyTrader/ ð°
â Facebook: www.facebook.com/VasilyTrading/ â