MMBTtrader

Gold strong support arrived (0.61 of Fibo and 1700 support zone)

Long
MMBTtrader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
As we can see gold start to fall hard once again beacuse we are still in bearish market for sure until we break 1760 and we talk about the importance of this resistance zone a lot

second scenario on our previous analysis completed :

and now we are looking for new entry point and here we are near strong support zones one taken from Apr2020 and one other is local support that formed and we expect these green paths and targets shown
Targets:
A. 1715
B. 1722
C. 1740

Notice :market is still bearish for sure have stop loss and trade carefully

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Trade active:
price fall to our buy zones and soon to the targets
Trade closed: target reached:
perfect profit after reaching entry point

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