XAUUSD after the news release might look random but its not if you take a closer look earlier on my analysis that i posted. price hit all the major price tags both for buys and the Sells.
price currently at 1635 am expecting price to drop abit down to the support at 1630 if it hold expect a rally back to 1650 to 1655 then from the reaction of price at this point will determine if there will be a further drop back to 1600.
if the current support at 1630 breaks after the retest expect further drop to the down side
stay tuned to this thread to get updates ...
price currently at 1635 am expecting price to drop abit down to the support at 1630 if it hold expect a rally back to 1650 to 1655 then from the reaction of price at this point will determine if there will be a further drop back to 1600.
if the current support at 1630 breaks after the retest expect further drop to the down side
stay tuned to this thread to get updates ...
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going long on XAUUSD 50pips SL
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close long position. price failed to take out the previous high
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going short stoploss @ 1640
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+45pips in profit
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52pips boom
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price breaking 1630, if price continue to trade bekow this level expect more drop
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+80pips in profit take partial profit and hold the rest
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+110 pips in profit boom
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+120 pips in propfit... 90% closed
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+170pips boom
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All tp cleared
if the support breaks we go Short, if it dosent then we go Long