ForexWizard01

XAUUSD possible buy and sell zone!

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
XAUUSD is in long term downtrend. Pirce already has broken the monthly support and currently going up for deeper pullback. As of today's range, we could find both buy and sell opportunity from nearest liquidity zone. if the price break previously daily high, we can look to sell as there is still probabilily to drop to daily support level again.
On the otherhand, as there is strong structure created on the daily support, lowertimeframe rejection on the neckline of the structure can give us opportunity to buy for short term.

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