GOLDEN STAR|GOLD, Price return to the previous high.2090$.
The four-hour time demand area has done its job well, and despite the hammer candle and BOS formation, it has started to grow from this area.
-In its movement path, the only resistance area ahead is the price range of 2070 to 2075, which is now invalidated by the closing of the 1H candle above the previous high.
-In the continuation of the movement, the supply area is no longer visible and we can see the price reaching the levels of 2085 and 2090.
-In its movement path, the only resistance area ahead is the price range of 2070 to 2075, which is now invalidated by the closing of the 1H candle above the previous high.
-In the continuation of the movement, the supply area is no longer visible and we can see the price reaching the levels of 2085 and 2090.