TWO WAY APPROACH ON GOLD (XAUUSD)
Gold has broken a major trend line on the Daily Time Frame:
We look forward for a retest of the Trend line or price moving to the Demand Zone around 1860 and 1850. Price has a tendency to fall all the way to 1726.
Look also for a buy after the Retest of the Demand Zone stated above.
Hence we trade both ways; Going forward.
Thank you very much.
We look forward for a retest of the Trend line or price moving to the Demand Zone around 1860 and 1850. Price has a tendency to fall all the way to 1726.
Look also for a buy after the Retest of the Demand Zone stated above.
Hence we trade both ways; Going forward.
Thank you very much.
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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.
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.