It has been a volatile week for
XAUUSD
traders. The price hit a new all-time high during the Monday Asian session but swiftly reversed later that day. Subsequently, the price remained within a range until Friday when bears managed to push it below the crucial 2010-2020 confluence zone support, signaling a potential change in trend.
Considering these developments, I currently hold a bearish outlook on Gold and am actively seeking opportunities to sell on market rallies. The former support has transformed into resistance, and it is within this zone that I am monitoring for entry signals.
Considering these developments, I currently hold a bearish outlook on Gold and am actively seeking opportunities to sell on market rallies. The former support has transformed into resistance, and it is within this zone that I am monitoring for entry signals.
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai