GOLD XAUUSD > Technical Analysis > 20th December
Hello gold diggers!
An interesting week where I hope you made some profit.
With the spike last week i believe that we will experience some downside before we start to creep past 1815. As banks will try and booost the economy as much possible berfore printing money, i believe we will head towards 1785 if we can break the 1796 area. From i hope to continue in the upward channel and go towards 1830.
Good luck all!
An interesting week where I hope you made some profit.
With the spike last week i believe that we will experience some downside before we start to creep past 1815. As banks will try and booost the economy as much possible berfore printing money, i believe we will head towards 1785 if we can break the 1796 area. From i hope to continue in the upward channel and go towards 1830.
Good luck all!
Comment:
Trade going as planned. If you are looking for entries, wait for London session and keep an eye on 1795-97. If this is rejected, shorts should be safe for a tp1 of 1783 and tp2 of 1775. Buy opportunities if broken tp1 1805 and tp2 1820.