#XAUUSD
Morning everyone 🌞🌞 after a bullish Monday, we got a whole yesterday going sideway. It many times tried to break out 1811 to drop down and 1820, 1825 to fly up but it couldn’t. It’s now right at the upper trend line (green). In my opinion, Gold gonna have 2 scenrios for today:
+1st (green arrow): dropping to the lower trend line, then up back and break out the upper line to fly up. For this case, we can sell now SL 1821.5 TP 1816, 1813.5 then buy around 1813, 1816 SL 1811.5 TP 1819, 1821, 1825.
+2nd (red arrow): dropping down to 1813 support to retest, up back a little bit then fall down 1808, 1804. Selling is best option for this case with TP 1813, 1808, 1804.
Holiday is coming, so liquidity is running out of markets. These days are not a good period of time to trade so please only trade with small vol, DON’T BE TOO GREEDY. We can make profit easier next year.
Good luck guys ! Have a great day ahead.❤️❤️🌹🌹
Jolie Do:
Forex Trading Specialist/ Relationship Manager at ForexCEC - DNBC Global Markets.
ForexCEC - DNBCグローバルマーケットの外国為替取引スペシャリスト／顧客関係マネージャー
Message me to discuss more. ❤️
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