XAUUSD Trends change. The fight between bulls and bears

XAUUSD price recovers the recent losses, trading higher near $1,980 during the Asian session on Tuesday. The price of the precious metal receives upward support due to the correction in the US Dollar, which could be attributed to the downbeat US Treasury yields.

Alternatively, if the correction from multi-month highs resumes, Gold sellers would need a sustained break of the previous day’s low of $1,963 to test the $1,950 psychological level.

The last line of defense for Gold buyers is aligned at the October 19 low of $1,945.


SIGNAL XAUUSD

XAUUSD PLAN 10/24

Today's Eurasian gold has 2 scenarios:

- Break and close the candle above 1983$ => trade above 1983$

🔽SELL watch Price range 1990$ - 1989$ - stoploss: 1995$

- Break and close the candle below 1972.5$ => Breakout to 1953$

🔼Buy price range 1951.5$ - 1953$ - stoploss: 1946$

American session:

The news plan will be updated directly before the news and right at the news announcement

Note: Full TP, SL to be safe and win the market ‼️

Comment:

SELL BREAKOUT zone 1972 have 70pips profit

Trade active:

BREAKOUT from 1972 to 1953

Comment:

Everything is going my way