Quick Analysis On Gold in H1 T.F

11월 27일

Instrument: [XAUUSD]

Time Frame: H1 Chart

Observations:
1. Identified strong Resistance and Support zones within a parallel channel flow. In a upward trend
2. Trend has consistently respected Resistance and Support Zones 4 times with instances of reversal.
3. Current price action shows respect for the Resistance zone that is lying in the zone 2660_2665

Trading Strategy:
Put your Entries in Buy at 2635
Take Profit 2660
Stop Loss 2630