GOLD on the 4h chart after the recent news started again the bullish run.
The price after the break of the daily resistance retest the level and is now trading below a minor 4h resistance.
Out outlook remains bullish and with the upcoming events and uncertainty in the banking sector we could see a new test of the 2k level.
How can i approach this scenario?
If the price will break above the resistance level and will satisfy the Plancton's academy rules we can set a nice long order.
The price after the break of the daily resistance retest the level and is now trading below a minor 4h resistance.
Out outlook remains bullish and with the upcoming events and uncertainty in the banking sector we could see a new test of the 2k level.
How can i approach this scenario?
If the price will break above the resistance level and will satisfy the Plancton's academy rules we can set a nice long order.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
breaking now above
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
possible higher high
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
perfect break and retest
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
reached the 2k as expected
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
classic rejection by the weekly resistance at a round number