XAUUSD in range zone wait for breakout and then trade.

6 Mei 2021

As we can see these kinds of times usually range zone make some strength for metal or .... and we may have breakout to upside and then continuation of rise .
and some times after range zone we have breakout to down side and changing trend .

but for now i think that in this area we have so many stop loss set and market maker or ... will pump price or .... and after hitting peoples stop loss it will start to fall or see some correction
and that is technical thing too that we called it new high 😁(but for me that is so many stop loss that reached).

so we are going to open sell position some have after breakout but this zone is strong resistance too and price can fall now even .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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6 Mei 2021

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