Analysis for XAUUSD illustrates the zones of resistance needed to overcome; to eye 1296 per troylee ounce. As of 1.30am today 8/18 i am under the suspicion this bullish momentum may exhaust right here.
A break and close above 1289 would be a better look. but that may not happen. And if not. We may shed slowly to 1260 before another run at it. I am still observing this pair. So i have no trading coordinates at this time.
A break and close above 1289 would be a better look. but that may not happen. And if not. We may shed slowly to 1260 before another run at it. I am still observing this pair. So i have no trading coordinates at this time.
Trade active:
In from 1294.08
Trade closed: target reached