XAUUSD 1H LEVELS - 16/08/2023

Price managed to go to 1910 resistance zone and it was a good scalp short to 1902 support zone

Now there are only 3 scenarios left

But be careful because there will be FOMC news on Thursday

*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
Trend Analysis

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