1309 XAUUSD getting support from the 1500 and now targeting 1530
We did warn traders that GOLD could stop dropping from the bottom support line of the channel even though we were targeting 1450 as the next target zone for the sell order.
The sell order has not triggered yet.
But now the buy order is considered more profitable for current situation.
So thats why the red arrow is what GOLD could follow to retest 1530-1550 again.
And the green arrow could happen if GOLD was rejected from the resistance zone.
LESS IS MORE!
The sell order has not triggered yet.
But now the buy order is considered more profitable for current situation.
So thats why the red arrow is what GOLD could follow to retest 1530-1550 again.
And the green arrow could happen if GOLD was rejected from the resistance zone.
LESS IS MORE!
