XAUUSD – Gold started showing sellers results stronger
XAUUSD – Gold started showing sellers results stronger
Trend: Sell/ neutral
Support/Resistance:
R2: 1510.49
R1: 1477.05
S1: 1464.71
S2: 1444.08
Price action:
Gold started showing sellers results stronger. Buyers didn't rebounce much, which means that sellers have advantage from previous daily close. If the price maintain below 1464.71 level, then sell will continue. But because it is friday, it is unneccessary that the price will move much.
Potencial trade idea:
Bulls targets:
T1: 1477.05
Bears targets:
T2: 1444.08
NOTE – We are trading XAUUSD via the preferred trading setups
ELITEFXACADEMY
Trend: Sell/ neutral
Support/Resistance:
R2: 1510.49
R1: 1477.05
S1: 1464.71
S2: 1444.08
Price action:
Gold started showing sellers results stronger. Buyers didn't rebounce much, which means that sellers have advantage from previous daily close. If the price maintain below 1464.71 level, then sell will continue. But because it is friday, it is unneccessary that the price will move much.
Potencial trade idea:
Bulls targets:
T1: 1477.05
Bears targets:
T2: 1444.08
NOTE – We are trading XAUUSD via the preferred trading setups
ELITEFXACADEMY