So here's my prediction on XAUUSD!
Price was in a range between 1928.96 and 1919.38 for about 4 days. I'm "waiting patiently" for it to breakout of that range, come back up and retest it. And then drop down to the 1hr demand zone around 1836.09. My belief is so strong on this trade due to the liquidity in the market around 1893.14 and 1869.53.
Keep in mind that I can be totally wrong about this entire set up because as well all know none of this is promised in the market.This is just my analysist from point of view.
Price was in a range between 1928.96 and 1919.38 for about 4 days. I'm "waiting patiently" for it to breakout of that range, come back up and retest it. And then drop down to the 1hr demand zone around 1836.09. My belief is so strong on this trade due to the liquidity in the market around 1893.14 and 1869.53.
Keep in mind that I can be totally wrong about this entire set up because as well all know none of this is promised in the market.This is just my analysist from point of view.
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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.