XAUUSD 1H LEVELS - 01/09/2023
Price did stay above 1925 level
DXY is below 103.8 level as well, so it's better to look for long entries
I think it's better to wait for price to come to 1932-1930 support zone
Also if price breaks out the 1947 resistance level and stays above it, 1963 is not impossible anymore
As always, be careful with your entries because we'll see NFP news this morning (EST)
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
DXY is below 103.8 level as well, so it's better to look for long entries
I think it's better to wait for price to come to 1932-1930 support zone
Also if price breaks out the 1947 resistance level and stays above it, 1963 is not impossible anymore
As always, be careful with your entries because we'll see NFP news this morning (EST)
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
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