XAUUSD is in bullish momentum at the long/swing terms.
If the price will breakout the support below it indicates the price tends to reach the demand below,
In that case, I'll look for a price action setup to sell XAUUSD, the demand below will be the target.
This demand is also a great level to buy XAUUSD and join the bullish momentum.
The target for the buy position will be 1555.00 zones
If the price will breakout the support below it indicates the price tends to reach the demand below,
In that case, I'll look for a price action setup to sell XAUUSD, the demand below will be the target.
This demand is also a great level to buy XAUUSD and join the bullish momentum.
The target for the buy position will be 1555.00 zones
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The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
We Trade Forex - Come Join Us!
the5ers.com
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.