Good day traders.
My own trade idea:
My past analysis and together with today's, XAUUSD may go further down and re-test 1761 support line which has double bottom.
- !761 has act as a strong support and bouncing point for reversal.
- I will keep my short position open at the moment and beware of fake breakout.
- Retail traders net long are higher than those short. market wont move as per retail traders trend. Do not get cought with big market makers move.
Good luck.
My own trade idea:
My past analysis and together with today's, XAUUSD may go further down and re-test 1761 support line which has double bottom.
- !761 has act as a strong support and bouncing point for reversal.
- I will keep my short position open at the moment and beware of fake breakout.
- Retail traders net long are higher than those short. market wont move as per retail traders trend. Do not get cought with big market makers move.
Good luck.
Trade active:
Target in progress