Good morning all 🤝
Enjoy your coffe and read this TA on
XAUUSD
Today’s setups
As I expected yesterday NY reversed gold’s downward movement and created a demand zone at 1959-1957
📈 I am looking at 2 possibly zones.
✅ The short trend is bearish so I prefer to see price go into my SELL zone before news, as we have Fed Chair Powell speech today. If we get lucky to jump into the marked buy zone and then join the trend downside will be a ping-pong trade 100%.
💡I marked 2 sell zones but I prefer the top one from yesterday’s TA as price broken support to confirm the breakout we need a confirmation around 1980-1975. Price needs to reject aggressive from the zone to confirm the breakout.
📌 We will wait and see how the market moves today.
*News at 14:15 UK time
Enjoy your coffe and read this TA on
XAUUSD
Today’s setups
As I expected yesterday NY reversed gold’s downward movement and created a demand zone at 1959-1957
📈 I am looking at 2 possibly zones.
✅ The short trend is bearish so I prefer to see price go into my SELL zone before news, as we have Fed Chair Powell speech today. If we get lucky to jump into the marked buy zone and then join the trend downside will be a ping-pong trade 100%.
💡I marked 2 sell zones but I prefer the top one from yesterday’s TA as price broken support to confirm the breakout we need a confirmation around 1980-1975. Price needs to reject aggressive from the zone to confirm the breakout.
📌 We will wait and see how the market moves today.
*News at 14:15 UK time