XAUUSD Analysis
Grey Lines - 1D
Blue - 4H
Orange - H1
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As we all know how gold been treating us since last 2 weeks so finally here GOLD-USD has broken the Down Trendline and doing corrections for next trend.
So Gold Right now doing rejections from strong H4 Resistance Zone.
So if you want to trade i'd recommend you to wait for market to break the Zone and wait for retest then Enter the market.
Right now market is in very bad place but still here you can take small profits.
Good Luck!
Blue - 4H
Orange - H1
--------------
As we all know how gold been treating us since last 2 weeks so finally here GOLD-USD has broken the Down Trendline and doing corrections for next trend.
So Gold Right now doing rejections from strong H4 Resistance Zone.
So if you want to trade i'd recommend you to wait for market to break the Zone and wait for retest then Enter the market.
Right now market is in very bad place but still here you can take small profits.
Good Luck!
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