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XAUUSD - Price Action - Today's Key Zones - London/NY Session
Gold Spot / U.S. Dollar
XAUUSD - Price Action - Today's Key Zones - London/NY Session
By n0madtrader
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Aug 16, 2023
4
Aug 16, 2023
Today's potential trades for #XAUUSD -
XAUUSD
It's around 60 pips between today's support/resistance zone. If there's no break out, we may have to trade within this range.
If there is a breakout of today's support/resistance zone, it will come at these levels.
📈Potential Buys on close above 1907.84
📉Potential Sells on close below 1904.13
Once the price has closed above/below, we will look for an entry on a smaller timeframe.
Our targets for today:
Buys:
Close Part of your trade at 1911.03 and set SL to BE (or at around 20-30 pips)
Close Full at 1914.51 (or at around 70 pips)
Sells:
Close Part of your trade at 1898.07 and set SL to BE (or at around 20-30 pips)
Close Full at 1893.87 (or at around 110 pips)
Happy trading all 🤑
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Support and Resistance
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