Oro / DollaroLong
XAUUSD
XAUUSD
Supply & Demand + Break & Retest (Strategy)
Wait for confirmation to enter trade
Looking for rejection at the demand level on 15min, 1HR, 4HR
I truly believe XAUUSD is still pushing from the previous push to the upside on Nov 13, 2023.
From that push XAUUSD retraced to a 78.6% of fib and has pushed through minor resistance level at 2040.000
What I can see XAUUSD will need to do is RETEST the 2040.000 level, which aligns with 61.8% of fib, and see if BULLS can maintain and push XAUUSD to Higher Highs (2200.000 & 2280.000)
Supply & Demand + Break & Retest (Strategy)
Wait for confirmation to enter trade
Looking for rejection at the demand level on 15min, 1HR, 4HR
I truly believe XAUUSD is still pushing from the previous push to the upside on Nov 13, 2023.
From that push XAUUSD retraced to a 78.6% of fib and has pushed through minor resistance level at 2040.000
What I can see XAUUSD will need to do is RETEST the 2040.000 level, which aligns with 61.8% of fib, and see if BULLS can maintain and push XAUUSD to Higher Highs (2200.000 & 2280.000)
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