Gold spot just made a retest in HTF and A LH og bullish trend in LTF. Aling with SND zone and market maintained resistance price of 1870. We be expecteing drop of 2 days and market to make HTF HL.
xau usd technical analysis we be expecting short positin for certain reason as market has completed 4h DAILY HH and weekly time frame trendline retest to be made as it is broken after long time we be holding till 1805 to 1796. expected drop till next week..
XAU USD LONG SCLAP from 5 mins to 1 hour timeframe almost 6 to 8 hours trade for almost 50 to 85 pips target based on pure technical analysis.
GOLD SPOT looking for short as of certain technical reason, BOS made with a LH maintained along with rising wedge that is maintained from 4H timeframe. Gold have been maintain resistance for quite a time now almost 1.5 week. The price level of 1794 maintained that gives confidence for short trade.
after completion of -27 waited for BOS is LTF to form new HL and bought for 30 plus PIPS