ElenaMayi

XAUUSD Around strong resistance

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD

Gold prices turned upward during these moments of trading, today, Thursday, after they had been declining a short while ago as investors took profits after a continuous rise and pressure from institutional investors looking to collect liquidity, while the focus shifted to American economic data in search of evidence of the price path. Interest rate of the US Federal Reserve.

Gold is trading below the strongest price decisive line, Therefore, trading below this level, which is the level of 2327, keeps the bearish trading active and takes the price to the levels of 2305 and 2280. However. any settlement with 4H candle above this level, we will trade in higher areas.

Tendency: Short 2327
Target station: (2305, 2378, 2259).

about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%

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