TheTradersAvenue

GOLD > On-Demand Analysis for A Small Buy.

Long
OANDA:XAUUSD   Oro / Dollaro
Analysis of #GOLD


I got many requests from members and followers to do analysis for gold, you can message me here your request too.

the XAUUSD tested its weekly support zone and showed a bullish reaction as expected, still, the move is not convincing a lot of buyers to get in and buy gold, and I am favoring selling strength in this market as I have a fundamental belief that gold should be lower than thee levels.

however, if the market retests the lows near 1680 we can look for a small buy entry at the lower time frame to retest 1700-1720, and not more than that



________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.


Thanks for your continued support!

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.