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Reacting

Choppy GU...Price have been ping ponging between strong support/resistance @1.24500 & 1.23000 this past week but formed a new higher low based on daily time frame. Huge bullish engulfing candles have been forming on the way up indicating buyers in the market... not too much sellers based on the size of bearish candles & structure. If price decides to push up and break resistance @1.24500, I'll be looking for buying opportunity ONLY if price pulls back to test said level and hold as support before continuing to the upside... 1 of 2 things can happen here on GU. We react, never predict!
by TP_Rock
22
XAUUSD STRATEGY FOR NEXT WEEKfor this week I'm actually still confused about the movement of gold, but after I saw it from a larger timeframe, I saw a divergence, but if we minimize it actually gold also has the potential to go down, so ? looks like this week will use a sideway market strategy for the gold market
SAXO:XAUUSD
by F-Five

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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