alexm1011

$XAUUSD - Today’s Setup - 16/11

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Good morning, everyone! ☕️

I trust you're all doing well. The price action prompted a break-even situation for me from yesterday’s setup (buy zone). Although I manage to bag 70+ pips, it had the potential for a 100-pip movement, it fell short.

I've identified two potential zones. Yesterday, the price rebounded from the daily resistance area and established a new demand zone.

I will keep an eye on this zones 👀

Trade smart, not hard - do your own analysis before entering a trade.
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