TheTradersAvenue

XAUUSD > Where We Go from Here!?

TheTradersAvenue Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Analysis of #XAUUSD

Hello friends,

Gold is getting weaker and weaker because of rising yields this might push the gold even lower to test 1720-1700.

Gold might rise from here to test 1800 where it will find sellers again which they will try to push the gold metals down again to test 1720-1700.

I do see the structure near 1720-1700 is a very good zone to start looking for a buy entry. and here is why?

>>>it is where the harmonic bullish bat pattern will complete.
>>> it is where the lower trend line of the channel meets the price
>>> it is also structure level and strong psychological number 17000



let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Comment:
on-point 🎯 analysis


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