#XAU/USD# Yesterday’...from Mancy Lee

01 Dec 2022, 10:22 · Views 508

#XAU/USD# Yesterday’s news has created a soaring bullet that eventually break through resistance 1765, next resistance will be 1783-1786. It is quite risky if we start our position for now. We probably have to wait for the sell signal in case if it cannot break 1786. Therefore, sell 1786, SL 1790, TP 1779, 1771, 1765. Good luck guys. This week’s gold is quite unpredicatable so we have to wait for some confirmed signal.

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Mancy Lee

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DNBC Global / Forexcec.com / https://www.dnbcmarkets.com I'm here to give you some advice, trading scenario. It would be great if you could earn something from Forex.

XAU/USD

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#XAU/USD# Morning guys, this is my expectation fot today’s gold. Span B is a new strong resistance in H1 timeframe which made 1775-1770 is a strong resis area. If this morning, asia gold could not break through it which is my expectation we could place sell 1775, TP 1762, SL 1780. Good luck guys.

Mancy Lee

#XAU/USD# Good morning guys, I hope you have got a great trade during the last few day. This is the scenario for today’s gold. During the last few days, gold, in asia session, is believed to back to European session closing time. Therefore, I believe 1782-1783 will be today’s gold support area. Yet, a sideway is predicted in during the whole week trading session so my POV for today gold is: 1782 sup, 1790 resis. Sell when it reach resis, SL 3 prices, TP back to sup area. Also, the same scenario for buy side when it reach sup area.

Mancy Lee

#GBP/USD# This is my expectation for GBPUUSD. Morning guys , Yesterday GU has suddenly broke the ascending trend. Therefore, it has formed a descending back to 1.3330. Therefore, I believe there two scenarios that we could possibly think for today’s GU. 1st: if it break through 1.1429, it could skyrocket to 1.1600, yet be careful the trendline,1.1500, once it broke 1.1500 we could confidently place buy position 1.1518, SL 1.1498, TP 1.1540, 1.1560. 2nd: if it plumbed to 1.1300, we could wait for retest signal at 1.1357 to start selling, SL 1.1387, TP 1.1320, 1.1300, 1.1270

Mancy Lee

#XAU/USD# last night gold up to now 😍🤑

Mancy Lee

#XAU/USD# morning guys, early this morning, we could expect gold to reach 1766, at this point, we will have to see what price action will be, maybe 2 or 3 H1 candle to see whether it is a reversal trend back to 1755 or even 1732, yet on the other hand we could expect it skyrocket to 1800 since DXY is now in the downtrend and it has reached resistance. Try to be stay alert and be secured with your profit. Today I will not open any position since the market is quite unpredictable. Good luck guys.

Mancy Lee