Xauussd
XAUUSDHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
XAUUSD in a resistant zone, wait for the market for rejection or breakout
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
XAUUSD - 200 pips on goldI saw that price was rejecting a certain support level and this was finally broken and could be tested as potential resistance
XAUUSD: Getting close to a bottom. Buy opportunity.The wider 1W Channel Up on Gold remains intact (RSI = 58.687, MACD = 17.040, Highs/Lows = 4.0208). This indicates that on the long run there is still no trend reversal. Within the Channel there are some recurring patterns that suggest the price is close to a Higher Low. Add to that the vastly oversold 4H (RSI = 23.783, STOCHRSI = 0.000, Williams = -99.309) and to a lesser extent 1D (RSI = 38.102, STOCHRSI = 0.000, Williams = -99.569), we are a expecting a strong rebound next week. TP = 1,330, extension = 1,350.
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