Do you think Gold can meet 1600 ?
This is not trade idea.
Only Daily analysis for Check Upper gap of Gold.
I think
XAUUSD
can pass soon
after that it has many resistance and divergence
but finally can meet 1592+
Gold may drop and sideway up.
I will wait only after huge drop and enter again.
or buy on dip or Scalping and use trailing stop.
*** Black trendline - res.
Only Daily analysis for Check Upper gap of Gold.
I think
XAUUSD
can pass soon after that it has many resistance and divergence
but finally can meet 1592+
Gold may drop and sideway up.
I will wait only after huge drop and enter again.
or buy on dip or Scalping and use trailing stop.
*** Black trendline - res.
Komen:
and prepare to 1600 soon.
Next 40 min. : Federal Reserve Chair Jerome Powell
After this will cleared.
Gold may hit trend line around 1515 and ret. again. or break out with Bullish Triangle.
must wait & see