XAUUSD
XAUUSD 2021 MAR 15 WEEK
Red/Green zones = preferred entry | Grey = price rotation area
W = Bearish /D = Bearish / H4 = Bullish
Round number 1700 proved a strong support on Friday, and we see a higher low formed,
and may test 1743.
Now that we're back into Bar A territory, let's see if accumulation may be ending, or
more time is needed, remembering 1670 - 1743 was a previous huge rotation area
before a big move up. Will history repeat?
Intermediate support 1700. Acceptance below 1700, target = 1679
Intermediate Resistance 1743. Acceptance above 1743, target = 1763
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Have a profitable trading week.