Trader_Dera

Gold(xauusd) is bullish on the daily

Long
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
We have 2 zones to look for potential intraday and swing trades from, The market reacted sharply on the daily high, showing the presence of sellers in the market. We could continue bearish if Gold fails to respect either of these buy zones on the Daily timeframe.
Comment:
We have completed the sells, Now we are awaiting the market to commence buying

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.