Analysis for XAUUSD
Forecast:
- If the Price Hits the 1640 Marker, We Shall wait for Verification, and Expect a Long.
- If the Price Hits the 1600 Market, We Shall Wait for Verification, and Expect a Long Reaching 1640 Marker.
In Both Scenarios, If the Price Goes out of the Correction, A Long is More Probable to happen.
Note:
- These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
Forecast:
- If the Price Hits the 1640 Marker, We Shall wait for Verification, and Expect a Long.
- If the Price Hits the 1600 Market, We Shall Wait for Verification, and Expect a Long Reaching 1640 Marker.
In Both Scenarios, If the Price Goes out of the Correction, A Long is More Probable to happen.
Note:
- These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
Comment:
Still on Consolidation, with no significant Validation.