XAUUSD: support and resistance zones ( short term )
As you can see on this chart I tried to illustrate the support zones and resistance zone as well in the short term analysis.
POTENTIAL BUY ZONE:
Entry 1: 1946.299
Entry 2: 1943.691
TP: 1966.123
POTENTIAL SELL ZONE :
Entry : 1966.2
TP: based on your strategy
We can also observe a hidden divergence in this zone which signal the reversal of price in the short term.
I hope you liked my idea and please note that this analysis is not financial advice just take any step based on your strategy and money management system.
I'm also glad to hear your comments as well.
POTENTIAL BUY ZONE:
Entry 1: 1946.299
Entry 2: 1943.691
TP: 1966.123
POTENTIAL SELL ZONE :
Entry : 1966.2
TP: based on your strategy
We can also observe a hidden divergence in this zone which signal the reversal of price in the short term.
I hope you liked my idea and please note that this analysis is not financial advice just take any step based on your strategy and money management system.
I'm also glad to hear your comments as well.
Trade active:
180 pips in profit so far!
keep it till 1966-1971
keep it till 1966-1971
Trade closed: target reached:
closed partially we can wait for higher targets!
wait for entry on 1950 to 1948