Wait to buy on the XAUUSD pair!!!
- About structure TT Currently, Gold has formed a clear bearish structure on H1 H4!!
- After the gold price dropped sharply to the area around 1819, there was a strong rebound to the 1842 area and is showing signs of slowing down - At this price area is also the important key level of M15.
+ In my opinion, this price area is not a strong selling zone to kick him down, so to be on the safe side, we will wait for you to return around 1830-1823 and buy it to the city to return to the 1856 area.
+ As shown on the chart, I have determined that the demand area on M15 is relatively large, so for optimal, I will place an order in the area around 1825
=) Next week's scenario on the XAUUSD . pair
+ Buy around 1825xx (SL 1822, TP 1854)
Disclaimer: this is not investment advice, always be disciplined and manage your capital!!!
- After the gold price dropped sharply to the area around 1819, there was a strong rebound to the 1842 area and is showing signs of slowing down - At this price area is also the important key level of M15.
+ In my opinion, this price area is not a strong selling zone to kick him down, so to be on the safe side, we will wait for you to return around 1830-1823 and buy it to the city to return to the 1856 area.
+ As shown on the chart, I have determined that the demand area on M15 is relatively large, so for optimal, I will place an order in the area around 1825
=) Next week's scenario on the XAUUSD . pair
+ Buy around 1825xx (SL 1822, TP 1854)
Disclaimer: this is not investment advice, always be disciplined and manage your capital!!!
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