Gold Buy Limit 2356 TP:: 2362 - 2366- 2376 SL:: 2350 Enter With (Small Lot Size) According To Your Trading Account Balance..
Will XAUUSD still maintain course for the price level 2389 or continue its dive down due to the Chinese news of halting XAUUSD buys.
a buy from 2327 to 2387 before a sell from 2389 to 2280 on XAUUSD, I’ve always preferred selling than buying.
After the Chinese government halts the buy of Gold after 18 months, we will see XAUUSD going downwards till 2300 or 2295.
XAUUSD WE ARE GOING TO OBSERVE A SELL TO 1944 or 1940 to then take a buy to 1975
There will be a buy from 1940-1944 to 1970 if any bullish confirmation seen, and also a sell zone in 1972 if any sell confirmation is seen too
Take a sell from 1964 to 1957,1954 & 1944 as take profits and SL will be 1969
After touching a Support Zone on 1965 XAUUSD will be seen at 1950 soon
Our 3rd Sell Zone was Invalid, so we are re-entering from the Second Sell Zone at 1955, add tight SL at 1957 and take the sell to 1945
After confirming that 3 selling zones on XAUUSD the most potent is the 1947 resistance price and given that, XAUUSD will be bearish for the Day to 1925,
The selling zone for XAUUSD today, We will be looking at 3 Selling Zones also on a 4H chart you will see that XAUUSD has broken from a RISING Wedge