XAUUSD What comes up must come down
Hi everyone!
price now approaching demand zone around the 1960 area (could be slightly higher). I believe price will drop after this level.
I will look out for rejection and momentum candles with lower timeframes to ensure i get the best entry.
Other confirmations will include:
RSI
EMA'S ( Rejection from a EMA will further support this analysis).
News (Do not enter around this time).
If price rejects i predict it will then travel down to the next supply zone and we will re- analyse from there! 300+ pips to be made
price now approaching demand zone around the 1960 area (could be slightly higher). I believe price will drop after this level.
I will look out for rejection and momentum candles with lower timeframes to ensure i get the best entry.
Other confirmations will include:
RSI
EMA'S ( Rejection from a EMA will further support this analysis).
News (Do not enter around this time).
If price rejects i predict it will then travel down to the next supply zone and we will re- analyse from there! 300+ pips to be made
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