My analyst still buy on support line. XAUUSD Still Bullish Until End Of December
For the moment, we are currently seeing an accumulation of buy orders daily, if you look left, we are moving in waves from Point A : 1850 (Strong Support) B: 1920 (Resistance) C: 1872 (Support) D: 1933 (Latest resistance) E: 1886 (Support) If we see it breaks 1886 or 1895 wait for a breakout for the real move in the right sense of direction. Buy falling...
Top-down analysis from the Daily --> 4H --> 1H charts. Obvious its been on a bull run, but this is a good entry imo. Looking at the 1H chart you can notice: 1. Price Action 2. Trend Line 3. Support Zone 4. Oversold 5. EMA My first publish :)
Hi again! - My setup for GOLD, If you identify with my setup, like it!