I am analyzing the 2H time frame of gold, and as the price faced a strong rejection from its major resistance level, the market has taken a deep dip. From my perspective, I expect the price to retrace towards the buy side if it is to continue dropping further. So, wait with patience and discipline; victory is yours.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze. Confirmation is very important before execute your trade.
#XAUUSD 2H Technical Analysis Expected Move.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze. Confirmation is very important before execute your trade.
#XAUUSD 2H Technical Analysis Expected Move.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.