XAUUSD is still in an up trend, and I think there will be a short-term ranging pattern from 1545~1567, with the middle support of 1555.
We've been hoding the long positions since and before last analysis. Awaiting another swing.
NOTE: Been on holiday for Chinese New Year since last week and sorry for the cease of analysis. Will update again from 3rd Feb,2020. Thank you all for your support and wish you all the best in Year 2020 and most of all, good luck trading!
my analysis is same as yours but the weird is why the other trader expecting price will go down ? it should be in the specific area 1st bfore going down like need to do some supply zone at the top
JasonSong
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@khairulzuhair, normally the beginners "enjoy" selling in the rally and buying in the drop... Following the swing/trend and spotting the turning point is actually the correct thing to do.
UnknownUnicorn4762443
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HAPPY NEW YEAR
DEAR GENIUS TRADER
JasonSong
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@SEYED98, Thanks for your support, my friend. Happy New Year to you and good luck trading!
UnknownUnicorn5237030
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i am sorry for being rude but why dont u post the idea here before you enter these amrkets rather than posting the result , anybody could do that after market movement
JasonSong
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@fakharfx, you can find a linked analysis below every post, which means the current analysis is the result of my former analysis.