XAUUSD|GOLD market analysis and important areas
With the publication of gold cpi data, it witnessed a significant drop, I updated the reliable supply and demand areas.
In general, selling pressure on gold has increased, bearish candles are formed from a very large body.
To enter buying transactions, enter only as a scalper and do not enter into positions without a loss limit.
I will put newer areas and confirmations in the updates.
In general, when the market suffers such a shock and a significant movement takes place, it is not a very good time to trade. Let the market reach a relative stability and then try.
In general, selling pressure on gold has increased, bearish candles are formed from a very large body.
To enter buying transactions, enter only as a scalper and do not enter into positions without a loss limit.
I will put newer areas and confirmations in the updates.
In general, when the market suffers such a shock and a significant movement takes place, it is not a very good time to trade. Let the market reach a relative stability and then try.
Trade active:
Pay attention to the closing shape of the last one-hour candlestick, seeing the candlestick patterns, this area is a good place to enter a buying position.
Note that you must enter by seeing the price patterns and candlestick patterns and setting the loss limit.
Pay attention to the closing shape of the last one-hour candlestick, seeing the candlestick patterns, this area is a good place to enter a buying position.
Note that you must enter by seeing the price patterns and candlestick patterns and setting the loss limit.