G'day, Guys
Today we going to analyse the GOLD (XAUUSD) commodity pair.
Generally, this pair is still on a Downtrend in the Weekly Timeframe which is most likely going to see a huge range of sideways for the upcoming few months. As currently, this pair uptrend in a 4hour timeframe. A few price levels we have to take note of here.
Master Support = $1725.13
Master Resistence =$1831.23
Trade confirmation Long = $1808.40
Trade Confirmation Short = $1780.01
From here, we are able to manage our risk. Let's see what gonna happen next... Dance with the Market Guys.
Today we going to analyse the GOLD (XAUUSD) commodity pair.
Generally, this pair is still on a Downtrend in the Weekly Timeframe which is most likely going to see a huge range of sideways for the upcoming few months. As currently, this pair uptrend in a 4hour timeframe. A few price levels we have to take note of here.
Master Support = $1725.13
Master Resistence =$1831.23
Trade confirmation Long = $1808.40
Trade Confirmation Short = $1780.01
From here, we are able to manage our risk. Let's see what gonna happen next... Dance with the Market Guys.
