Marenno
Short

$XAUUSD View on weekly/daily basis

FX:XAUUSD   Gold/U.S. Dollar

Always good to know how the previous week is finished and what to expect during this week, so on a weekly graph

price at the resistance is in place, which may be a good reversal signal and the week overall can be bearish ,

On a daily chart

price is at the resistance area with no signals to reverse yet,
due to a conflict situation, I wouldn't recommend to enter new trades at the moment, as entering a peak is not yet confirmed and a bottom is missed, however those who're trading breakouts, what I don't do can try to place a buy stop at 1160 which is resistance breakout, target 1200 - another resistance area, stop loss 1120 -- support area, this trade is not recommended so stop loss is at the top of support area.

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youtube.com/c/marenno

Using:
http://marenno.com/index.php/how-to-use-volume-and-open-interest-option-levels/

Counting:
http://marenno.com/index.php/counting-option-levels/

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