justin217

Waiting for key levels/zones/trend lines to determine direction

FX:XAUUSD   Gold Spot / U.S. Dollar
2
Right now I am waiting to see if certain key areas are retested or broken to determine direction. Overall my bias for the week will be a sell however. I anticipate a D1 Channel bounce back into a good sell to at least 38.2 PRZ. If it breaks beyond the D1 channel high, I will ONLY be looking for ways to enter a buy. It's a patience waiting game for now. :)
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