XAUUSD Updated Scenario
As markets have received negative news for USD, yesterday's price action had a strong upside reaction.
As we are trying to reactive trade we see this upside breakout fro the 14-day range as a potential buy signal, therefore we are looking for the previous highs as our first TP targets.
Please be advised that this week is very busy on the markets FOMC, FED related news can Impact even the best of the setups and markets can change direction short term/mid term in a very fast manner.
As we are trying to reactive trade we see this upside breakout fro the 14-day range as a potential buy signal, therefore we are looking for the previous highs as our first TP targets.
Please be advised that this week is very busy on the markets FOMC, FED related news can Impact even the best of the setups and markets can change direction short term/mid term in a very fast manner.
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