EYFMarkets

Gold Projections

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FOREXCOM:XAUUSD   黄金现货/美元
What's up trader?

Let's analyse the GOLD pair for today. We going to analyse it based on the current market condition and overall technical analysis.

From the Daily time-frame perspective, overall this pair is still downtrend since August 2020. This rally showing that exponential selling is still in progress. As shown, this pair is currently on a correction market structure. Personally, this pair is still on the journey to retest the Daily TimeFrame trendline to complete the market structure.

In 4 hour time-frame perspective, its clearly showing the uptrend rally started since 9th August 2021. You guys make check and understand this analysis for your own reference. Taking advantage on every swing low and swing high will be huge money for your investment.

As long you understand how to make money from every market movement with proper risk management or risk tolerance you will be able to create massive profit.

Let's see what gonna happens next. Cheers


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