XAUUSD Analysis (8th DEC 2022, Thursday)
Updated
1. Reach Previous high and daily TP 2
2. Price created a structure break
3. Price retrace upwards.
4. Friday there's USD PPI news
5. Could consider for a continue retracement targeting previous high for Thursday, as long as price does not fall below 1765.88
6. If price continue to retrace upwards, Friday we could expect that the news will make the price to fall.
2. Price created a structure break
3. Price retrace upwards.
4. Friday there's USD PPI news
5. Could consider for a continue retracement targeting previous high for Thursday, as long as price does not fall below 1765.88
6. If price continue to retrace upwards, Friday we could expect that the news will make the price to fall.
Comment
If your order is still active, you could partial close your trade.Comment
Target Hit with 120+ pipsTrade closed: target reached
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