xauusd failed to breakout from strong support or bounced from strong support because of that the price of xauusd could have chased the nearest resistance first and if that resistance can be broken it will chase the next resistance
Entry Price: 1810(above fib level 23.6)
TP1: 1834(nearest resistance above fib level 50%)
TP2: 1877 (subsequent resistance fib level 100% )
SL : 1782 ( below strong support and fib level 0%)
Entry Price: 1810(above fib level 23.6)
TP1: 1834(nearest resistance above fib level 50%)
TP2: 1877 (subsequent resistance fib level 100% )
SL : 1782 ( below strong support and fib level 0%)
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.
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.