Support and resistance zones
Here we can see a general short term road map of XAUUSD which changed my Bearish attitude.
we can wait for these two areas :
entry with confirmation:
first entry: 1948 zone Tp: 1955.5
second entry : 1942-1944 zone Tp: based on your own strategy
I don't see any major resistance till 1993 by observing this trend so in my opinion every down is a correction to buy in correct place.
This post is just my personal idea of the current trend and not a financial advice please consider your own risk if you wanna enter.
we can wait for these two areas :
entry with confirmation:
first entry: 1948 zone Tp: 1955.5
second entry : 1942-1944 zone Tp: based on your own strategy
I don't see any major resistance till 1993 by observing this trend so in my opinion every down is a correction to buy in correct place.
This post is just my personal idea of the current trend and not a financial advice please consider your own risk if you wanna enter.
Order cancelled
didn't open any trade with no confirmation!
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