xauusd|Suitable positions to enter sales transactions
Updated
Hi guys, I hope you are doing great.
We don't have very important news today, so I think gold will continue its trend slowly.
The resistance zones drawn on the chart, the first one is the resistance zone in the 15m time frame and the second one is drawn in the 1h time frame, consider these two zones, after seeing the candlestick patterns and receiving confirmation, enter into sales transactions, stop The loss is placed above the area.
Targets can also be seen on the chart. I hope you use this analysis and be profitable.
We don't have very important news today, so I think gold will continue its trend slowly.
The resistance zones drawn on the chart, the first one is the resistance zone in the 15m time frame and the second one is drawn in the 1h time frame, consider these two zones, after seeing the candlestick patterns and receiving confirmation, enter into sales transactions, stop The loss is placed above the area.
Targets can also be seen on the chart. I hope you use this analysis and be profitable.
Note
We had partial reactions from the supply area for 15 minutes, but in the end the area was invalidated. The area in question in the time frame of one hour is the supply area (2043 to 2046). By reaching this area and getting confirmation, you can enter sales orders.Trade active
Trade closed: target reached
tp 1 reached
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