XAUUSD | New perspective | follow-up details

Following the indecision that gripped this market during last week's trading session; the price of Gold managed to stay afloat above $1,700 (new demand zone) to keep the hopes of a potential bullish opportunity in the coming week. I will be sharing with you my trading decisions in the comment section of my tradingview platform as soon as the market opens.

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Trade active:

Bullish signal established as price breaks out of the structure and level at $1,720

Good morning

Trade active:

Price is back within a buy zone as I anticipate a reversal structure within this area to add more position.

Good morning

Trade closed manually:

Stopped out at break even. Let's see what happens after the Consumer Price Index which has affected the USD positively

Comment:

Today, I want to see if the $1,700 zone will remain a strength for the buyers,

Good morning

Comment:

With a final breakdown of the demand zone, we have a bearish signal hence looking for confirmation to join the decline

Good morning