XAUUSD ENTRY FROM 1975 TO 1979 SELL OR SHORT.
As analyzed in previous idea XAUUSD made decline till 1955 which if got broken will take it to 1927 as per W1 timeframe.
As it already broke the 1955 support and took out 1944 too. XAUUSD is giving chance to re enter the missed train.
Target mentioned in horizontal rays.
The predicted part are strickly base on support Ressitance, Fibonacci and Volume profile.
Scalping trade can be taken and tp of 70 percent can be taken at nearest support. Rest 30 percent can be kept to trail.
NOTE THE RED ARROWS. IF XAUUSD IS TO FAIL THIS THIS ARE THE PLACE IT COULD BOUNCE FOR LONG AND BUY
As it already broke the 1955 support and took out 1944 too. XAUUSD is giving chance to re enter the missed train.
Target mentioned in horizontal rays.
The predicted part are strickly base on support Ressitance, Fibonacci and Volume profile.
Scalping trade can be taken and tp of 70 percent can be taken at nearest support. Rest 30 percent can be kept to trail.
NOTE THE RED ARROWS. IF XAUUSD IS TO FAIL THIS THIS ARE THE PLACE IT COULD BOUNCE FOR LONG AND BUY
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.