Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1774).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 1780
TP2= @ 1785
SL= Break below 1770
CON- @Binarysignalexpert
". There is a possibility of temporary retracement to the suggested support line (1774).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAUUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 1780
TP2= @ 1785
SL= Break below 1770
CON- @Binarysignalexpert
