XAUUSD - It's time to reverse
Updated
Dear esteemed traders, I am Karina, thrilled to accompany you on the Trading View market. Let's exchange ideas and discuss today's topic together!
With the fantastic tools on Trading View, we are currently witnessing a narrowing of the Bollinger Band range, indicating potential significant market volatility in our XAUUSD market. After experiencing a decline in recent days, it seems that this week may bring a return to weakness in gold prices, as seen over the past two days. This presents an opportunity for us to establish a Buy position with support at 1805 and utilize Fibonacci measurements, which could reach up to 1865 USD.
If you find this information helpful and valuable, please share it with your friends. Wishing you successful trades!
With the fantastic tools on Trading View, we are currently witnessing a narrowing of the Bollinger Band range, indicating potential significant market volatility in our XAUUSD market. After experiencing a decline in recent days, it seems that this week may bring a return to weakness in gold prices, as seen over the past two days. This presents an opportunity for us to establish a Buy position with support at 1805 and utilize Fibonacci measurements, which could reach up to 1865 USD.
If you find this information helpful and valuable, please share it with your friends. Wishing you successful trades!
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The US economy is really weak will be a good thing for the market, as it may soothe the momentum of bond yields.Trade active
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Gold has been in the right direction according to the analysis, the script can still occur. Let's wait for the results tomorrow!Trade closed: target reached
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