This is not trade idea.
Only Daily analysis for Check Upper gap of Gold.
I think
XAUUSD can pass soon
after that it has many resistance and divergence
but finally can meet 1592+
Gold may drop and sideway up.
I will wait only after huge drop and enter again.
or buy on dip or Scalping and use trailing stop.
*** Black trendline - res.
Only Daily analysis for Check Upper gap of Gold.
I think
XAUUSD can pass soonafter that it has many resistance and divergence
but finally can meet 1592+
Gold may drop and sideway up.
I will wait only after huge drop and enter again.
or buy on dip or Scalping and use trailing stop.
*** Black trendline - res.
Note
I think Gold just finish ret. around 1493and prepare to 1600 soon.
Next 40 min. : Federal Reserve Chair Jerome Powell
After this will cleared.
Gold may hit trend line around 1515 and ret. again. or break out with Bullish Triangle.
must wait & see
Note
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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.