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XAUUSD: Watch for Buyer at major support.The Large range of 11 Day trading has forming up. Just pay attention at "11 Day VAL" zone. Price may move up and down between "11 Day HVN" and "11 Day VAL". Which is a battle zone between Buyer and Seller. ============== Green direction: If the price couldn't break "11 Day VAL". We might expect that buyer will step in and push the price higher back to "Last week POC" and "YPOC" level. -------------------- Red Direction: If the price break down deeper to major support. We will expect that Buyer won't have enough power to push the price over "11 Day HVN".
CFI:XAUUSD
by chaorua
XAUUSD: Go higher or back to BuyerPrice has broken up from 20++ Day range. SO bullish situation has set from that behavior. So If the price is still bullish, we don't want to see the price come back lower than YPOC. If it does come lower then that level. The bullish situation in small time frame will cancle. Green>>> If price making a small boundary range around ATH. it interpreted the price will try to making a higher move. Red>>> If price start moving lower and hold below gray zone and trend line. It might pull back down deeper to find a buyer around YPOC zone.
CFI:XAUUSD
by chaorua