XAUUSD LONG
XAUUSD possibly bullish. Price reached resistance zone but failed to close above. Looking forward for the retracement and pattern that market want to give us before it continue move up to retest resistance again if failed again to close above, bullish trend is fail and expect market will move price down to the support.
Option 1: price retest resistance and break
Option 2: price retest resistance fail tk break and move down to support zone
Confirmation for that two options: resistance zone, upper channel, bollinger bands Daily and lower tf, pivot points.
Option 1: price retest resistance and break
Option 2: price retest resistance fail tk break and move down to support zone
Confirmation for that two options: resistance zone, upper channel, bollinger bands Daily and lower tf, pivot points.
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.