XAUUSD H1
Sold off nicely yesterday as we pinned into our second resistance zone, priced at 1980 ish. First zone at 1964 got slaughtered. We saw a nice 50-80 pip rejection initially at our indicated resistance price, before then coming back up towards 1981 in recent trade.
Hoping we see more dollar strength in line with the above analysis, and therefore more downside pressure here on XAUUSD.
Sold off nicely yesterday as we pinned into our second resistance zone, priced at 1980 ish. First zone at 1964 got slaughtered. We saw a nice 50-80 pip rejection initially at our indicated resistance price, before then coming back up towards 1981 in recent trade.
Hoping we see more dollar strength in line with the above analysis, and therefore more downside pressure here on XAUUSD.
Want to find our more about us? Check out the website link below!
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: [email protected]
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: [email protected]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to find our more about us? Check out the website link below!
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: [email protected]
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: [email protected]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.