SHORT - XAUUSD (D) (30 May 2023)

Telah dikemas kini
Position Trade - XAUUSD

The Monthly Chart shows that there are SHORT opportunities as it is the only 2nd test of the HTF zone
syot kilat

For a cleaner look of the MN Chart,
syot kilat

In the Weekly chart,
- There is little probability that the price will correct itself before coming down from the WK zone as the trade is already playing out.
syot kilat

In the Daily chart,
- Due to strong price going down, there is little probability that price will retrace back to the D1 zone for another sell in near future.
- Hence, we can expect another zone to be formed for a quality sell if price goes back to the zone
syot kilat

In the H4 chart,
- for smaller risks, wait for price to break a H4 demand zone before placing SHORT trade/s
syot kilat


Dagangan aktif
In the Daily Chart, price has reacted off Daily Supply zone (2)
syot kilat

In the H4 chart, price is likely to bash through the H4 demand
syot kilat
Dagangan aktif
syot kilat
Dagangan ditutup: hentian tercapai
XAUUSD trade was a loss.

Gold is a beast indeed.

This analysis will be closed and re-analyzed again, and focus on longer term trades for price to breathe, instead of intraday trades.
Supply and Demandxauusdlongtermxauusdshort

Penafian