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XAUUSD/GOLD ANALYISIS
institutional trading the power of anticipating to what the market is trying to tell you, lets take a young recap on xauusd/gold.
looking at gold current price action gold is on a correctional phase and its been struggling to break that 1845.54 level which is my resistance on my ascending channel within a pattern. so ill be expecting xauusd to do what we call a continuation of the current market trend which is bearish on this scenario.im seeing a possibility of gold dropping down to level 1774.43 before we perhaps see another impulse momentum. so will all that being said i will only be looking for bearish opportunities on gold & my targets are as follows
1stTP:1825.02
2ndTP:1814.55
3rdTP:1774.43
EMPOWERMENT CONTINUES!!!
looking at gold current price action gold is on a correctional phase and its been struggling to break that 1845.54 level which is my resistance on my ascending channel within a pattern. so ill be expecting xauusd to do what we call a continuation of the current market trend which is bearish on this scenario.im seeing a possibility of gold dropping down to level 1774.43 before we perhaps see another impulse momentum. so will all that being said i will only be looking for bearish opportunities on gold & my targets are as follows
1stTP:1825.02
2ndTP:1814.55
3rdTP:1774.43
EMPOWERMENT CONTINUES!!!
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