$XAUUSD Outlook Wednesday Jan 5 2022
Updated
Gold price is continuing to move back towards previous premium.
Waiting for break above 0.5 fib / also EQ 1816.
Price will either look to return to 1830 H
or bias is open
Price will induce buyers and return to discount.
Target 1830
Waiting for break above 0.5 fib / also EQ 1816.
Price will either look to return to 1830 H
or bias is open
Price will induce buyers and return to discount.
Target 1830
Trade active
Entry 1815.3Closed Stop 1812
Trade closed: target reached
Trade closed manually: Manual Profit taken 1829 ; 140 points secured Through NY 10:00 am
Related publications
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.