In reference to my initial analysis on XAUUSD, we anticipate a price movement to those zones as shown above. First zone is hit and now we expect more price rally.
Price is reacting to the R zone as expected, a break out of this zone would be considered a safe entry. We would continue to hold our positions and monitor price movement from this point.
Happy New Year in advance and have a nice holly
Price is reacting to the R zone as expected, a break out of this zone would be considered a safe entry. We would continue to hold our positions and monitor price movement from this point.
Happy New Year in advance and have a nice holly
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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.