Today's potential trades for #XAUUSD
📈Potential Buys on close above 1879.555
📉Potential Sells on close below 1869.500
Both buys and sells are looking good today, if we can break out of this current zone.
For buys, price hasn't broke above this resistance since May 2022! If we get a break above and enough volume we have a very clean area for the price to run bullish up until around 1890.240, for around 80pips.
For sells, as you can see on the chart we have a nice clean area to the left where price can give us a bearish run, especially if we can get a clean closure and some volume below 1860,660.
Happy trading all and good luck!
📈Potential Buys on close above 1879.555
📉Potential Sells on close below 1869.500
Both buys and sells are looking good today, if we can break out of this current zone.
For buys, price hasn't broke above this resistance since May 2022! If we get a break above and enough volume we have a very clean area for the price to run bullish up until around 1890.240, for around 80pips.
For sells, as you can see on the chart we have a nice clean area to the left where price can give us a bearish run, especially if we can get a clean closure and some volume below 1860,660.
Happy trading all and good luck!