XAUUSD Are the bulls giving up the battle? I don't think so.

The drop in XAUUSD price is the right time to enter, and the bulls will covertly set up a comeback. Meanwhile, my team believes that the defensive range for the bulls is $1770-1780. let's expect the price to hold above this defensive range. The trading plan should be matched with appropriate risk management to achieve optimal results.

Trade active:

Trade active:

First target reached

Comment:

Potential decline

Trade active:

The first objective is reached. However, the second objective may not be reached and there are many uncertainties that need to be reassessed.

Trade closed manually