Hi guys, The price was not able to break strong resistance line and is forming a bearish channel. I expect the price to drop soon.
Hello guys, 1850 proved to be a very solid support area for Gold, and I believe a potential retest of this area is possible as RSI suggests it might be overbought soon. The long term trend is still bullish, with Gold eventually recovering its losses. SL: If 1850 support is broken, then the trade setup is invalid. TP1: 1914 TP2: 1930 TP3: 1960 This is not...
HI guys, Price retested support and and will retest resistance level. If resistance is broken then the target will be the second resistance level. If support is broken, target will be next support level and trade is invalid. Please let me know what you think. Id appreciate your feedback on this. Thank you
Hi everyone, XAUUSD crashed because stimulus talks were stopped, but I expect it to recover and gain momentum. It will re test the 1875-1883 before going back to 1920 and try to break resistance. Key levels: 1875-1882 support, if it goes below, trend turns bearish.