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XAUUSD price correction of 50 appeared yesterday. This is obvious to happen in a sustainable uptrend. Today's strategy will look for liquidity sweeps to support to BUY to ATH 3500. Gold's current border zone is limited by the upper and lower trendlines. Be careful not to trade against the trend when breaking the trend zone.
📉 Key Levels
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XAUUSD price correction of 50 appeared yesterday. This is obvious to happen in a sustainable uptrend. Today's strategy will look for liquidity sweeps to support to BUY to ATH 3500. Gold's current border zone is limited by the upper and lower trendlines. Be careful not to trade against the trend when breaking the trend zone.📉 Key Levels
- Support: 3375 -3363
- Resistance: 3418-3431-3490
- Buy trigger: Buyers react at 3375
- Buy zone: 3363
- Target: 3430; level higher at 3490
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Trade closed: stop reached
The analysis strategy does not bring much profit to investors. It is a part of trading. Let's go together in the next analysis. Keep it up!Note
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Join me to get Trading signals, Trading knowledge
☘️My Telegram Channel: t.me/VHTraderFX
☘️Contact: t.me/VHTTrader
☘️My Telegram Channel: t.me/VHTraderFX
☘️Contact: t.me/VHTTrader
Related publications
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.