XAUUSD
XAUUSD is still sideway in the range 1647 - 1660 after correcting the price from its increase last Wednesday. The temporary uptrend has been confirmed and most likely the price will rise to resistance 1668 which will be the resistance determining whether Loco will confirm the reversal permanently or go back down to continue the current big trend which is still downtrend. Be careful, because today is the last day of the month. Where is the possibility that the price will make a correction to close the monthly candle.
Possible to take
BUY LIMIT 1647 SL 1637 TP 1667
R3 1685.570
R2 1678.290
R1 1668.290
PV 1659.800
S1 1646.100
S2 1628.440
S3 1616.870
XAUUSD is still sideway in the range 1647 - 1660 after correcting the price from its increase last Wednesday. The temporary uptrend has been confirmed and most likely the price will rise to resistance 1668 which will be the resistance determining whether Loco will confirm the reversal permanently or go back down to continue the current big trend which is still downtrend. Be careful, because today is the last day of the month. Where is the possibility that the price will make a correction to close the monthly candle.
Possible to take
BUY LIMIT 1647 SL 1637 TP 1667
R3 1685.570
R2 1678.290
R1 1668.290
PV 1659.800
S1 1646.100
S2 1628.440
S3 1616.870