In reference to my initial analysis on XAUUSD, we anticipate a price movement to those zones as shown above. First zone is hit and now we expect more price rally.
Price is reacting to the R zone as expected, a break out of this zone would be considered a safe entry. We would continue to hold our positions and monitor price movement from this point.
Happy New Year in advance and have a nice holly
Price is reacting to the R zone as expected, a break out of this zone would be considered a safe entry. We would continue to hold our positions and monitor price movement from this point.
Happy New Year in advance and have a nice holly