XAUUSD
XAUUSD 2021 May 17 Week (Intraday)
Weekly | Daily | H4 = Bullish
Market traded in the range of the ultra high volume range of bar 1 last week
Tests of its high and the green zone offered good trading opportunities.
Immediate Resistance = 1845 - 1850
Scenarios:
1) Immediate resistance holds, = short trades
2) Price may test 1826 or green zone for long opportunities
3) If breakout of recent high, price may test next supply zone 1870
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Have a profitable trading week.
XAUUSD 2021 May 17 Week (Intraday)
Weekly | Daily | H4 = Bullish
Market traded in the range of the ultra high volume range of bar 1 last week
Tests of its high and the green zone offered good trading opportunities.
Immediate Resistance = 1845 - 1850
Scenarios:
1) Immediate resistance holds, = short trades
2) Price may test 1826 or green zone for long opportunities
3) If breakout of recent high, price may test next supply zone 1870
Like & Follow if you find this useful.
Have a profitable trading week.