Today, the sideways will continue and still ranging between 1861.5 - 1881.5, the resistant already 3 times tested and the support manytimes also. To move the market need bigger trigger. so I will Scalp between those area Today bigger take profit range compare yesterday and a change of Breakout.
At Monday 6 Feb 2023. Gold could not break any where actually. It respect the Low weekly Trendline (1881.00) and still cannot pass thru 1861.32. Will the sideways continue? or it continue bearish to 1846.23 ? or it bounce up to 1893.49 I will update the Technical.. Advice, SCALPING short or long position within the sideways range (1861.32 - 1881) with SL and...
We can see it respect the low weekly trendline (green) and it respect High H1 bearish trendline
FOMC and NFP, makes effect to all usd pairs. let's sell where the gold goes....
Since it already breakout the trendline and testing 2nd Support. If it passes, then for sure gone to 1959.
The Trend for XAUUSD, still on long position.... if it passes upper resistant, then it for sure gone to 2029...
Gold Fly away after short retrace, Since the war will not finish, Gold will be even higher within this week.