XAUUSD (Gold) Slightl bullish in trend but still not clear the w
XAUUSD (Gold) Slightly bullish in trend, but still not clear on the way.
The major level at the Gold tested was 2060 and gained more power from 2040 after last weekend's movements.
Now, if the H1 closes above the 2050 zone, it will short-term push the price toward 2060. The price of the US dollar was also up from 102.097 and is trading at 102.459.
Technically, we sell from the 2060 zone with 50 pips. Stop loss.
Note: If China, Japan, and US armor sales and news of war get authentic, then gold will move its trend from bearish toward bullish movements.
Keep an eye on the US index and other international channels for gold trading.
If you see some price rejections from the 2060 or 2050 zone, then you must sell the gold, and the target level must be 2040, 2033, and 2020.
The major level at the Gold tested was 2060 and gained more power from 2040 after last weekend's movements.
Now, if the H1 closes above the 2050 zone, it will short-term push the price toward 2060. The price of the US dollar was also up from 102.097 and is trading at 102.459.
Technically, we sell from the 2060 zone with 50 pips. Stop loss.
Note: If China, Japan, and US armor sales and news of war get authentic, then gold will move its trend from bearish toward bullish movements.
Keep an eye on the US index and other international channels for gold trading.
If you see some price rejections from the 2060 or 2050 zone, then you must sell the gold, and the target level must be 2040, 2033, and 2020.