$XAU - 12/2 -UPDATE & PRE ASIA

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If you have been following my recent posts you would have seen me repeating the handle $2895/6 like a crazy man. THIS is crucial for $2980 to setup.

Shorts taken yesterday have smashed target 🎯
$2885 handle for longs was super clean and currently rolling.
As mentioned yesterday, volume became slow after we tapped into $2938.5 and we were successful with the retracement into long profile.

TODAY. Abit meh on the closure, not what I favour. On the other hand, Asia needs to make a move & sustain pricing above $2907/8 (previous day open)

Higher tf closures above $2895/6 should seal this trade in concrete.

LFG TRADERS 🙌🏾


Penafian

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