Gold , XAU/USD , I hope everyone out there had a good 'New Year's Bash'. Well now let's get back to work. As shared in my previous chart we talked about buying small lots @1785, and I hope you all closed it with insane pips of profit. As we see the precious metal hiked upto 1831 this week.
As I have been got cut up partying too I couldn't manage time to share my setup update, but here it is! LETS MAKE SOME SERIOS MONEY!
You see the Simple S&R levels, playing out good. We see some opportunity of buying here at 1800-1803, taking profit at 1823. Also we sell if the price escalate below 1800 and we take profit @ 1797 and then if rejected then @1789 which is the next support level.
I hope my analysis will be helpful again for my followers and viewers. Please Share if you agree.
Be careful with your risk management. Trade safe.
Follow to learn and earn.
Let's make money all together.
CHEERS to this NEW YEAR!