AzbelTrades
@t_AzbelTrades
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On the Daily timeframe, the seller’s level at 3366.900, formed by the April 22nd bar, was broken by strong buying pressure and is currently being retested from above.On the Hourly chart, I’m observing a bullish wide-spread bar with the highest volume, which also broke through the 3366.900 level.📈This bar has its own test at 3349.745, which supports the bullish bias for now.As long as this level holds, I expect the long scenario to remain valid.Overhead, there is resistance from sellers at 3404.761.If price breaks above it, the next upside targets are:🎯3438.708🎯3500.120#TechnicalAnalysis #DayTrading #VSA #XAUUSD #GOLD # #FuturesTrading #VolumeSpreadAnalysis
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.