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XAUUSD D1: TP BULLS 3 000 / 4 000 USD BEST level to BUY GOLD

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Feb 2
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XAUUSD D1: TP BULLS 3 000 / 4 000 USD BEST level to BUY GOLD
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect GAINS OFF THE LOWS


🔸 Summary and potential trade setup
::: XAUUSD daily/candle chart review
::: updated/revised outlook
::: locked inside range since July 2021
::: ACCUMULATION in progress
::: setup still valid as of right now
::: BUT expecting PULLBACK short-term
::: buying LOW is a great reload BULLS
::: final TP bulls is 3 000 - 4 000 USD BUY/HOLD
::: get ready to BUY LOW and get paid
::: 1700/1750 USD
::: BEST RELOAD ZONE for BULLS
::: short-term expect more losses
::: upside limited / BEARS will drag price down
::: BULLS focus on BUYING range LOWS later
::: short-term BEARS will target 1750 USD
::: then expecting REVERSAL 1700/1750 USD
::: LOW risk strategy BULL: BUY LOW 1700/50 USD
::: TP bulls is TP1 3 000 USD TP2 4 000 USD
::: BEST/recommended strategy: see above *BUY LOW
::: slow market so you have to be patient
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1700/1750 USD fresh demand zone
::: 3000-4000 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/1730-50
::: Sentiment mid-term: BULLS/REVERSAL/1840USD

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Past performance is not indicative of future results.
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