XAU-USD INCOMING WEEK OUTLOOK
It's been five weeks falling streak for gold, last week had a low around 1685.00, and balanced at about 1705.00, Friday gave a few BULLISH candle formation around 1712-1715 on d 30min TF, went as high as 1738. Price Action made correction to about 1722.80.
For the first day of d week, expecting BULLISH moves, BUT that will b if price does not break the 1712-1715 DEMAND zone.
Presently price is at 1726-1727 expected to range between 1734-1717, if P.A breaks 1734 buyers can trade, and if it falls and break 1715-1712 zone, sellers route...
THIS IS STRICTLY AN ADVICE, BE GUIDED BY RISK MANAGMENT.
For the first day of d week, expecting BULLISH moves, BUT that will b if price does not break the 1712-1715 DEMAND zone.
Presently price is at 1726-1727 expected to range between 1734-1717, if P.A breaks 1734 buyers can trade, and if it falls and break 1715-1712 zone, sellers route...
THIS IS STRICTLY AN ADVICE, BE GUIDED BY RISK MANAGMENT.
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