Gift_fx

$OANDA:XAUUSD

Short
Gift_fx Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The range of daily candle changes as well as the entry and exit points are shown in the figure.
Comment:
Analysis of the overview of the market this week and tomorrow, Monday, by the price action method: Hello everyone. The range of the weekly candle is between 1884.40 and 1932.50. In the uptrend to reach the price of 1932.50, there is only one monthly resistance of 1924. Weekly scenario: if the price reaches 1932.50, it will be in a downward trend when it falls below 1924, if it stabilizes below 1919.65 (sell stop), (passing the monthly support of 1911.85), points 1902 and 1894.30 . Safe exit points can be. Daily scenario (Monday): The daily candlestick in the upward trend at the price of 1921 is involved in two resistances (the ceiling of the daily channel and the monthly resistance), which will naturally be heavy, in return when it stabilizes below 1917, the targets of 1912, 1909.50 and 1908.10 We will have .
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