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AUDUSD > Strong Opportunity Might Come Soon!!Analysis of #AUDUSD Hi traders, today we will have a look at #AUDUSD yesterday short-term trading Idea on the AUDUSD did not provide an entry, right now I went to the higher time frame to look for another opportunity as you can see we have solid long-term trendline support and strong long-term trendline resistance the market has been respecting those trend lines and I expect the market to keep doing so, I will be looking for another buying opportunity down near the trend line support, and if the market comes and test my trendline support as I have highlighted for you on my chart as you will also see that we have a double trend line support which will be a good opportunity to look for a boy near this zone I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Long
by TheTradersAvenue
30
XAUUSD🤑 Retest support line?📈XAU / USD quotes continue to move as part of the fall and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1778 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1750 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1845. Have a nice trade!
FOREXCOM:XAUUSDShort
by TradingAlchemist
4