XAUUSDXAUUSD 2021 May 17 Week (Intraday)
Weekly | Daily | H4 = Bullish
Market traded in the range of the ultra high volume range of bar 1 last week
Tests of its high and the green zone offered good trading opportunities.
Immediate Resistance = 1845 - 1850
Scenarios:
1) Immediate resistance holds, = short trades
2) Price may test 1826 or green zone for long opportunities
3) If breakout of recent high, price may test next supply zone 1870
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.