XAU/USD Bullish next few hours

12 thg 5, 2021

1 minute SMA is below the price for too long it has to cross in next few hours to continue the trend but little liquidity hunt expected in 5 minute chart that's why price need to confirmed before going bullish

12 thg 5, 2021

Ghi chú

I didn't put long position in the chart. Take profit level for this trade is 1832.00. This is a key level and market should consolidate around this level for next move. So be careful and get out of the trade on this level. I expect the market reversal at this point