As analyzed in previous idea XAUUSD made decline till 1955 which if got broken will take it to 1927 as per W1 timeframe.
As it already broke the 1955 support and took out 1944 too. XAUUSD is giving chance to re enter the missed train.
Target mentioned in horizontal rays.
The predicted part are strickly base on support Ressitance, Fibonacci and Volume...
Keeping it simple . Short oppuntunity with high conviction in XAUUSD.
The Entry Zone is precise the take profit level me differ according to timeframe.
The more long you hold the more beyond it can go.
This is the simple version of the anlysis
The frist support resides at 1955 and the next one at 1944.
Of both of this breaks and 1944 start acting as Ressitance it will fall huge in a day till 1927. This might take a day or two. The fall might be sharp and cover up in a day.
1644 to 1634 use to be Ressitance and now became support after it got broken. Now the price is coming down till this area and will take demand to go toll 1658 to high. Which has formed Ressitance.
