Good morning Traders,
XAUUSD
is currently poised to attain a new peak, with a notable resistance range between 2015 and 2020 ahead.
During the New York trading session, a robust bullish momentum emerged, resulting in a breakthrough in the market structure, reaching a high for the day at 2007. ππ
Anticipating a retracement to approximately 1990 - 1986, I foresee an influx of buyers entering the market. A substantial new order block has materialized, awaiting market engagement. ππ°
The critical zones under observation today include 1989.5 - 1986, alongside the previous day's unfulfilled order placement between 1979-1976. π―π
The prevailing trend displays considerable bullish strength, leading me to project an initial test of the daily resistance by week's end. ππͺ
Trade smart, not hard - do your own analysis before entering a trade.
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XAUUSD
is currently poised to attain a new peak, with a notable resistance range between 2015 and 2020 ahead. During the New York trading session, a robust bullish momentum emerged, resulting in a breakthrough in the market structure, reaching a high for the day at 2007. ππ
Anticipating a retracement to approximately 1990 - 1986, I foresee an influx of buyers entering the market. A substantial new order block has materialized, awaiting market engagement. ππ°
The critical zones under observation today include 1989.5 - 1986, alongside the previous day's unfulfilled order placement between 1979-1976. π―π
The prevailing trend displays considerable bullish strength, leading me to project an initial test of the daily resistance by week's end. ππͺ
Trade smart, not hard - do your own analysis before entering a trade.
Like ππ» Share ππ» Follow π―