XAUUSD is still in a Risingchannel however its been in rangebound on 2920-2940 area. After 2 selling trades from 2940-41 ,we are watching market at moment, and our trades give 260 pips profit today
What possible scenario we have?
▪️ if H4 closed below and 2920 weekly structure support break then we'll have 2890 on marks.
▪️on the other hand 2920 is a solid buy opportunity with minimal risk ,if 2920 sustained and after liquidity sweep we'll again 2946 first and 2952 on mark .
What possible scenario we have?
▪️ if H4 closed below and 2920 weekly structure support break then we'll have 2890 on marks.
▪️on the other hand 2920 is a solid buy opportunity with minimal risk ,if 2920 sustained and after liquidity sweep we'll again 2946 first and 2952 on mark .
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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.