XAUUSD

XAUUSD

- Price is currently rebounding after dropping to 2291 that area attracted majority of the buyers including retail and institutional. Which helped buyers to puss the price towards 2333$ where we saw strong bearish present and took the price back down towards 2304$. Price consolidated for few hours, gather ample amount for big players to take out the liquidity. Right now price is trading at 2349$ possible strong bullish volume may kick in, around the new york session.

-We are looking to sell at 2380$ which remain a 'premium selling zone'. Targeting betweem 400-1400 pips. Depending on how market behave next week when we have nfp as well. Good Luck and Trade Safe.

Ordine annullato:

Price early mitigated as it failed to approach our area of entry.