XAUUSD / TRADING INTO RANGE CONTINUES - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level or supply zone between 2,525$ and 2,531$ .
Downward Condition : With the price holding steady at the current turning level at 2,425$ , it is likely to decline towards the support level of 2,507$. If it stabilizes below this level, it could then reach the next target level of 2,491$ .
Upward Condition : for an upward , a potential is expected if the price breaks the supply zone between 2,525$ and 2,531$ , leading to a rise toward the resistance level (1) at 2,538$ . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 2,555$ .
XAUUSD / buy above 2.525$
SL : 2,523$
TP : 2,531$
TP : 2,538$
XAUUSD / sell below 2,525$
SL : 2,528$
TP : 2,520$
TP : 2,516$
TP : 2,507$
