XAUUSD has broken a static resistance
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XAUUSD has broken a static resistance in a 4H timeframe. I expect it to pullback(1800) and then reach the strong supply zone(1862).
Most likely, from there we will go to the demand zone(1720) to retest and collect orders.
Monitor prices in the above ranges.
The ranges are marked on the chart
disclaimer :
Trading futures , forex , ... involves a risk of loss.
Trade based on your own decision
Always limit your leverage and use tight stop loss.
All Strategies Are Good; If Managed Properly!
Good luck!
press like... if you enjoy...
XAUUSD has broken a static resistance in a 4H timeframe. I expect it to pullback(1800) and then reach the strong supply zone(1862).
Most likely, from there we will go to the demand zone(1720) to retest and collect orders.
Monitor prices in the above ranges.
The ranges are marked on the chart
disclaimer :
Trading futures , forex , ... involves a risk of loss.
Trade based on your own decision
Always limit your leverage and use tight stop loss.
All Strategies Are Good; If Managed Properly!
Good luck!
press like... if you enjoy...
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