XAUUSD
the market had an average trend as we can see in the chart. however, we can see that the market breaks the average trend as well as the resistance zone to start preparing maybe for a Bearish trend reaks the
We have two cases :
case 1 : if the market breaks the support zone with a significant volume we should SELL XAUUSD
case 2 : if the market test the support zone then I believe that the market will be going on an uptrend and we should wait for a confirmation which is the break of the resistance zone to BUY XAUUSD
Feel free to express your opinion in the comments !
We have two cases :
case 1 : if the market breaks the support zone with a significant volume we should SELL XAUUSD
case 2 : if the market test the support zone then I believe that the market will be going on an uptrend and we should wait for a confirmation which is the break of the resistance zone to BUY XAUUSD
Feel free to express your opinion in the comments !
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.