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XAUUSD " Wyckoff Trading Range"

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FX:XAUUSD   Or / Dollar Américain

XAUUSD " Wyckoff Trading Range"

On an hourly time chart, the Wyckoff trading range and accumulation have been spotted. According to the Wyckoff theory, the price may hit the support level again to exit the odds from the current trend.


Look at the above chart: "Secondary Test has been completed with Good Volume Spike." This is where many traders would exit their position, which is known as Stop Loss hunting.

Price might rise again. According to the Wyckoff theory, we may see some bullish signs until 1800$.

Happy Trading
Transaction en cours
Transaction en cours
Commentaire:
Fall Started
Commentaire:
Gold Near Support Level
Transaction en cours

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