XAUUSD

28 ott 2019

Commodities brings hope to U.S - China trade talks, Currently Price is rejecting a zone for the 4rth time, even tho we had a brake of the channel the resistance at 1513-1514 was strong enough to reject and engulf in the 4h chart, I expect the price to fall to 1560.00, area were I will be looking for a possible buy set up. So far clen rejection on a confluence zone, price will be looking for the MA 200 , then ma 50 once we have a clean cross we will add more confirmations to this short.