Analysis of #XAUUSD
Gold might keep going down to retest the lows near 1700-1690 which could make a good place to start looking for a but entry on the lower time frame.
As you can see last time the market tested 1700, it rallied by 7.5%
I will look for a reversal pattern with confirmation before committing to a buy entry if the market retests the lows
Please support me by boosting this idea so it can get to more and more traders
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Gold might keep going down to retest the lows near 1700-1690 which could make a good place to start looking for a but entry on the lower time frame.
As you can see last time the market tested 1700, it rallied by 7.5%
I will look for a reversal pattern with confirmation before committing to a buy entry if the market retests the lows
Please support me by boosting this idea so it can get to more and more traders
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
