XAUUSD (Gold) - Short-term Buy Confirmed?
Hi Traders. Since the rejection at 1680, I've been talking about buying opportunities along the way as price formed healthy Bullish signs on the lower timeframe.
For now, what will determine my short-term bias will be the minor support at 1755 - 1757.
As long as price holds above this minor support structure, I will still be looking for short-term long setups.
However, if at any point price dips below 1755, showing lots of bearish pressure, then we'll have to re-assess everything.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
For now, what will determine my short-term bias will be the minor support at 1755 - 1757.
As long as price holds above this minor support structure, I will still be looking for short-term long setups.
However, if at any point price dips below 1755, showing lots of bearish pressure, then we'll have to re-assess everything.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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