XAUUSD . there is a H1 resistance zone formed at 1717.03 . therefore it is not a good idea for any trade right now , if you're going long term.
The best is to wait for the H1 resistance zone to be broken out , retest the resistance and if price moves upwards, you can long till H4 resistance zone.
upon reaching the H4 resistance zone, as per said in the note for...
With the recent rally of USD, whereby DXY dropped drastically that affected most pairs. We can see that GBPUSD is hitting the resistance area for the third time.
With that we should see a pull back to its weekly support area, however not forgetting the key support zone of daily chart.
