XAUUSD: Watch for Buyer at major support.
The Large range of 11 Day trading has forming up. Just pay attention at "11 Day VAL" zone. Price may move up and down between "11 Day HVN" and "11 Day VAL". Which is a battle zone between Buyer and Seller.
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Green direction: If the price couldn't break "11 Day VAL". We might expect that buyer will step in and push the price higher back to "Last week POC" and "YPOC" level.
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Red Direction: If the price break down deeper to major support. We will expect that Buyer won't have enough power to push the price over "11 Day HVN".
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Green direction: If the price couldn't break "11 Day VAL". We might expect that buyer will step in and push the price higher back to "Last week POC" and "YPOC" level.
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Red Direction: If the price break down deeper to major support. We will expect that Buyer won't have enough power to push the price over "11 Day HVN".
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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.