XAUUSD GOLD
1D TF
Month Resistance: 1856-59
Week Resistance: 1814-1817
Day Resistance: 1804-1808
Day Support: 1782-1785
Week Support: 1760-1766
Month Support: 1677-1707
After this week FOMC announcement, Gold have shown great upward movement. Price reject at Week Resistance for a retracement.
Observation:
Higher High
Higher Low
Kaju indicator Bull Entry
Rainbow Bull
Rising Inflation
Trade Idea:
Bullish
Buy: 1782-1786
TP1: 1796
TP2: Let Profit Run
SL: 1772
1D TF
Month Resistance: 1856-59
Week Resistance: 1814-1817
Day Resistance: 1804-1808
Day Support: 1782-1785
Week Support: 1760-1766
Month Support: 1677-1707
After this week FOMC announcement, Gold have shown great upward movement. Price reject at Week Resistance for a retracement.
Observation:
Higher High
Higher Low
Kaju indicator Bull Entry
Rainbow Bull
Rising Inflation
Trade Idea:
Bullish
Buy: 1782-1786
TP1: 1796
TP2: Let Profit Run
SL: 1772