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XAUUSD Pivotal Point
Gold Spot / U.S. Dollar
XAUUSD Pivotal Point
By SimpleTechWizard
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Updated
Aug 14, 2023
1
Aug 13, 2023
1. If price has a solid break to the downside it
could see a good downward move towards the
end of the range
2. If price breaks the downward trendline and
turns upward for a breakout with solid price
action then it'll most likely test the 50ema
3. If it doesn't break the range, with solid price
action there could be a long trade to the trendline
area and possibly beyond.
Aug 14, 2023
Trade closed: target reached
3 trading ops from this idea have played out so far and there might be a 4th in coming
Trend Analysis
SimpleTechWizard
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