TheTradersAvenue

XAUUSD > Price Prediction & My Best Place for A Sell!!

TheTradersAvenue Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Follow up on #XAUUSD

The market did as I expected in my last analysis, came back to test the resistance zone, moved back down, gain up, you could have made a lot of money just trading the range assuming you trade ranges.

now the market is stuck between support and resistance until further notice.

1760 support
1790 resistance.

I have explained in my last analysis why I want to only sell rips, for the time being, right now I am not interested in selling gold as this level has been consumed and I am waiting to see a breakout to the upside or a breakout to the downside to reconsider selling more gold.

for gold bulls, you might be having a head and shoulders pattern developing.



Check today analysis below⠀

>>“There is no single market secret to discover, no single correct way to trade the markets.”


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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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