Gold Spot / U.S. DollarUpdated XAUUSD BUY AND SHORT
Hi Guys,
let's see another gold analysis. So as it is obvious price tapped into supply zone and began selling off, in case market keeps dropping there is an imbalance area and below it a demand level which I believe there would be some reaction there. So Monitoring area around 87 is recommended. Should price breached through that level next demand level would be at 1979 which there has not been any reaction.
*Later today we're going to have two important news for dollar so make sure you consider them and your own logic into it before taking any trades.
Be honorable
let's see another gold analysis. So as it is obvious price tapped into supply zone and began selling off, in case market keeps dropping there is an imbalance area and below it a demand level which I believe there would be some reaction there. So Monitoring area around 87 is recommended. Should price breached through that level next demand level would be at 1979 which there has not been any reaction.
*Later today we're going to have two important news for dollar so make sure you consider them and your own logic into it before taking any trades.
Be honorable
Trade active
Buy is activeNote
1:1 reward has been gainedTrade closed: target reached
90 pips has been gained
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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.
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.