Gold's New ATH will be above 2700
Instrument: [XAUUSD]
Time Frame: H1 Chart
Observations:
1. Identified strong Buyer and Seller zones within a Parallel channel Structure With Upward trend.
2. Trend has consistently respected Seller and Buyer Zones multiple times with instant reversals.
3. Breakout has also appeared
4. Moving Average Line and Volume also indicating bullish trend
Trading Strategy:
Put Your Entries in the Zone of 2690_2692 for a cofrim Buy upto 2711
TP1= 2699
TP2= 2705
TP3= 2711
Stop Loss= 2685
Time Frame: H1 Chart
Observations:
1. Identified strong Buyer and Seller zones within a Parallel channel Structure With Upward trend.
2. Trend has consistently respected Seller and Buyer Zones multiple times with instant reversals.
3. Breakout has also appeared
4. Moving Average Line and Volume also indicating bullish trend
Trading Strategy:
Put Your Entries in the Zone of 2690_2692 for a cofrim Buy upto 2711
TP1= 2699
TP2= 2705
TP3= 2711
Stop Loss= 2685
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