XAUUSD is on Rising wedge channel ,last Friday On NFP rejected back immediately which have strong signs that market is on 2720 mark!
What possible scenario do we have?
Morning movements were on bullish side however, we have instinct that market may respect the previous support area before completing the rising channel, as we again entered on bulls trade with strict management, if 2660 invalidated bullish scanario is invalid.
On the other hand im expecting market will on bulls side this week technically towards 2720 .
What possible scenario do we have?
Morning movements were on bullish side however, we have instinct that market may respect the previous support area before completing the rising channel, as we again entered on bulls trade with strict management, if 2660 invalidated bullish scanario is invalid.
On the other hand im expecting market will on bulls side this week technically towards 2720 .
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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.