Oro / DollaroLong
XAUUSD
WEEKLY OUTLOOK: BULLISH but aware of deeper bearish pullback
Looking to play bullish bias IF PRICE REMAIN IN INTRADAY RANGE - being mindful of potential DEEPER pullback to like h4 DB at 1880.
1920 make or break point for intraday range.
Buy points above 23.5,29 - target 1950
Sell points below 1912- target 1880 for more favourable buyer demand points giving us that new quarterly/ monthly wick setup.
No major economic data to start the week & expecting USD to play the range. PMI figures on Tuesday & FOMC meeting on Wednesday as main focus of the week - expecting minimal impact as all expectations from FEDS have been priced in.
Looking to play bullish bias IF PRICE REMAIN IN INTRADAY RANGE - being mindful of potential DEEPER pullback to like h4 DB at 1880.
1920 make or break point for intraday range.
Buy points above 23.5,29 - target 1950
Sell points below 1912- target 1880 for more favourable buyer demand points giving us that new quarterly/ monthly wick setup.
No major economic data to start the week & expecting USD to play the range. PMI figures on Tuesday & FOMC meeting on Wednesday as main focus of the week - expecting minimal impact as all expectations from FEDS have been priced in.
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