Gold Tuesday Trading Strategy

2 apr

#XAUUSD 2024.4.2

📉Market Direction

Today, the opening price of the gold gate is above the pivot but below the POC. I like the direction of the POC better so my opinion is BEARISH. We have 2 untested virgin POC at 2214 and 2193 so I expect the price will come back here to test before returning to the main trend which is up.

📉Zone Analysis

- 2261: zone m15
- 2272: is resistance according to pivot
- 2283: is resistance according to pivot

So today we will look at SELL:

Entry Sell: 2261 - 2272 - 2283
Target: 2231 - 2214 - 2193