as shown in the chart above, XAUUSD broke the trend. Rn waiting for a confirmation after retest to go short first target will be 2000 then 1950-1930
We have a possible trade on gold if the1h candle closes above 1670.50 My target will be 1719
there is downtrnd breakout price is correcting to the trend right now after that there should a pullish so we could buy
in this case we have an SD ZONE which is a zone that price will reject and move down again from it but if we put the situation in the world right now a break out might happen if so we have a profit point as shown in the chart above if the price will move down ill look for sell opportunity
SELL from 1756 stop loss at 1760 take profit 1 1750 tp 2 1748 tp 3 1743
The rise of the euro against the dollar stopped at the EMA50, which formed a good resistance against the price, accompanied by a clear loss of the positive momentum stochastic, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which mainly targets the 1.1605 level.
The index price recently continued to provide slow trading despite its concentration within the main ascending channel axes, trying to capture the additional positive momentum to confirm the bullish scenario, which may target 35715 soon, reaching towards 36200. We remind you of the importance of holding the additional support stable at 35050 to hinder any...