ANALYSIS ON XAUUSD
Okay, so what kind of situation we are having on gold?
We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950
Now, how we will approach this situation?
We have a break of structure on daily we will be looking for long position on the retest of the support region if we get a valid entry in 4 hr chart...
Plus we have a trendline support too. However, we still have to see the price action in the region shown on chart...
Now, if you need any kind of help PM me
We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950
Now, how we will approach this situation?
We have a break of structure on daily we will be looking for long position on the retest of the support region if we get a valid entry in 4 hr chart...
Plus we have a trendline support too. However, we still have to see the price action in the region shown on chart...
Now, if you need any kind of help PM me
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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.