XAUUSD SETUP AHEAD OF NEXT WEEK
XAU/USD seems to be trending below 1725-30resistance, inside a falling wedge. The two possibilities could get played out.
It is advisable to wait for a breakout above the previously mentioned resistance zone before looking into a LONG trade. Or
Wait for a break below the 1685-80 support zone before looking into a SHORT trade.
It is advisable to wait for a breakout above the previously mentioned resistance zone before looking into a LONG trade. Or
Wait for a break below the 1685-80 support zone before looking into a SHORT trade.
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