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OssamaICTStudent
Nov 13, 2022 9:39 PM

Expected scenario for XAU/USD on DAILY Timeframe Long

GOLD (US$/OZ)TVC

Description

We have the critical levels of 1750-55 as support and 1785-90 as resistance, which the price will attempt to target in our view.
Although the structure is bullish at the moment we wouldn’t want to go long unless we get a deep pullback, which we would like to see during the week. That higher resistance level needs to hold for the price to resume some form of correction.
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