Hello traders thank you for viewing another one of our video breakdowns of XAUUSD .
We will always provide our community with daily updates and current status of gold . Currently looking for XAUUSD to continue its bearish trend down into the 1932 levels and potentially much lower on a break and close below 1941.
IF not we will hold the pennant formation for a push into 1960 range and will have to update from there.
From there I will update you on my bias for the intraday trades throughout the week. I may not be able to post once it gets down there as I will be asleep but we are looking for buys again out of that region with some red folders coming up for news tomorrow. We can certainly see another volatile day out of gold!
As always set your stops set your takes and be sure to always use proper RR!
Thank you for your support!
We will always provide our community with daily updates and current status of gold . Currently looking for XAUUSD to continue its bearish trend down into the 1932 levels and potentially much lower on a break and close below 1941.
IF not we will hold the pennant formation for a push into 1960 range and will have to update from there.
From there I will update you on my bias for the intraday trades throughout the week. I may not be able to post once it gets down there as I will be asleep but we are looking for buys again out of that region with some red folders coming up for news tomorrow. We can certainly see another volatile day out of gold!
As always set your stops set your takes and be sure to always use proper RR!
Thank you for your support!