Yesterday, the market responded news reports by rebounding from the support level. It formed a fake breakout of the previous week low. I think the
XAUUSD
might pullback toward the round numeber at 2300 then move upward. Since we have another upcoming news today, there is a chance that the price may roll back. Basically, I expect the price to continue moving sideways. However if the market reject the support level the price might go toward the resistance zones. My goal is resistance at 2335 from the support level.
XAUUSD
might pullback toward the round numeber at 2300 then move upward. Since we have another upcoming news today, there is a chance that the price may roll back. Basically, I expect the price to continue moving sideways. However if the market reject the support level the price might go toward the resistance zones. My goal is resistance at 2335 from the support level.