XAUUSD
GOLDclosed the week in the 2004 - 2020 range last Thursday . Given the good NFP results, it is we already know that GOLD will make a GAP fall this morning. Now that the GAP is already closed, we know that downtrend is confirmed for Loco at least until tomorrow. Let's focusing on Sell where i see a resistance area at 1997 - 2003. It is most likely GOLD will pulled back here before making another drop.
[Positions that can be taken]
SELL Area 1997 - 2003 SL 2009 TP 1988
R3 2049.488
R2 2028.282
R1 2019.860
PV 2003.728
S1 1996.578
S2 1987.934
S3 1977.788
GOLDclosed the week in the 2004 - 2020 range last Thursday . Given the good NFP results, it is we already know that GOLD will make a GAP fall this morning. Now that the GAP is already closed, we know that downtrend is confirmed for Loco at least until tomorrow. Let's focusing on Sell where i see a resistance area at 1997 - 2003. It is most likely GOLD will pulled back here before making another drop.
[Positions that can be taken]
SELL Area 1997 - 2003 SL 2009 TP 1988
R3 2049.488
R2 2028.282
R1 2019.860
PV 2003.728
S1 1996.578
S2 1987.934
S3 1977.788
Note
TP HIT!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.