GOLD ANALYSIS XAUUSD BULLISH
On monday open short term buy trade in for the target of 1692 level area. this is strong level of resistance on weekly 200 ema and also previous market structure support now as a resistance.
Than if we see bearish candle on this level and with volume if go for the short position for the target of previous week low.
If price break this zone and again trading above 1700 level than we see prices of gold to push upside and in the coming week at 1712 and 1720.
ALSO DEPEND ON FED RATES IN THIS WEEK
Than if we see bearish candle on this level and with volume if go for the short position for the target of previous week low.
If price break this zone and again trading above 1700 level than we see prices of gold to push upside and in the coming week at 1712 and 1720.
ALSO DEPEND ON FED RATES IN THIS WEEK
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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.