This analysis for XAUUSD , GOLD on time frame 4 Hours. Welcome back for a new week!
What we can see on time frame 4 hour, Gold already have Inverted Hammer. On time frame daily Gold at strong SELL Zone. And what we can see on DXY time frame daily DXY at srong BUYYING zone. My expectation for a new week Gold will be falling before their continue rising.
I HAVE 2 OPTION FOR BUY AND SELL
1. You can entry SELL when the market open or set Pending Order SELL on charts. If you entry SELL your TP at Reversal 2 or SBR area and the SL at 15 - 30 Pips with your own risk.
2. You can entry BUY when price Pullback at Reversal or SBR area.
GOODLUCK !!!
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PENDING ORDER SELL 1 ACTIVE 50 PIPS RUNNING IN PROFIT.