XAUUSD D1 update before market open (NEW)

before we kick start the update. your upvotes/subs are appreciated.

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So without further due. Keep it short/simple and to the point.

XAUUSD D1 update before market open (NEW)
IMPORTANT NOTE: neutral outlook because
I expect ranging price action.

I expect gold to me locked in range mid-term.
Range is defined by 1515 (HIGH) and 1465 (LOW).
I don't expect any breakout this week.

for short-term / daytraders best strategy:
buy low and sell high.

for position traders /investors:
accumulate near range lows (1465)
TP1 1550
TP2 1585

this move will take more time to setup/develop,
so if you are a position trader, be ready to
wait 2-4 weeks before price hits TP levels.

good luck traders!

ProjectSyndicate

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