XAUUSD Update
Gold is trading below previous support now turned resistance @ 2029.400 after finding support @2014.912 price level buyers are losing momentum.
Hopefully we can take a buy trade upon break and retest of 2029.400 Psych Zone. 📊
If buyers fail to break this zone at the close of today's daily candle it show's sellers are in control of market structure, at this point, we will look for the best entry to execute a sell trade.
Disclaimer : This is not a financial advise. Do your own research.
📌📌📌
Hopefully we can take a buy trade upon break and retest of 2029.400 Psych Zone. 📊
If buyers fail to break this zone at the close of today's daily candle it show's sellers are in control of market structure, at this point, we will look for the best entry to execute a sell trade.
Disclaimer : This is not a financial advise. Do your own research.
📌📌📌
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