Prices are strictly according to our analysis.
XAUUSD drops after breaking through key level. On the daily timeframe we also have a demand zone, which has brought out higher prices; it forms a pulse leg. The market has responded to this zone a few times before.
If the market loses momentum at support it would be a good sign that the bulls are exhausted, giving rise to a bullish resistance zone around 2000. Alternatively, price action could form. a micro range and then broken upward. My goal is fertility in 2007.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments.
Trading signals:
SELL 2015$ - 2013$. Stoploss: 2019$ Scalping 2004-2006
BUY 1975$ - 1977$. Stoploss: 1971$
XAUUSD drops after breaking through key level. On the daily timeframe we also have a demand zone, which has brought out higher prices; it forms a pulse leg. The market has responded to this zone a few times before.
If the market loses momentum at support it would be a good sign that the bulls are exhausted, giving rise to a bullish resistance zone around 2000. Alternatively, price action could form. a micro range and then broken upward. My goal is fertility in 2007.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments.
Trading signals:
SELL 2015$ - 2013$. Stoploss: 2019$ Scalping 2004-2006
BUY 1975$ - 1977$. Stoploss: 1971$
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