2508 XAUUSD this week is so important for Gold
Hello traders,
Tuesday again!!!
But more clues will come on the second half of this week.
Gold is still running beneath the average band on daily chart. And you should not miss the possible PIN BAR on monthly chart which has only 4 trading days left.
On that case, a pin bar on monthly chart will be a strong signal for a correction . 1686-1810-1860 all possible for the end of correction.
But lets focus on the closest one, 1860, which could be the end of ABC wave on daily chart.
Gold might drop down straightly to 1810 without a sidways between resistance zone and support zone on daily chart first
So trade with care.
LESS IS MORE!
Tuesday again!!!
But more clues will come on the second half of this week.
Gold is still running beneath the average band on daily chart. And you should not miss the possible PIN BAR on monthly chart which has only 4 trading days left.
On that case, a pin bar on monthly chart will be a strong signal for a correction . 1686-1810-1860 all possible for the end of correction.
But lets focus on the closest one, 1860, which could be the end of ABC wave on daily chart.
Gold might drop down straightly to 1810 without a sidways between resistance zone and support zone on daily chart first
So trade with care.
LESS IS MORE!
Trade closed: target reached:
TP1 hit with 170 pips.
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