XAUUSD Update T 03-02-21
After breaking support to the downside from 1720.00 to 1706.00 Gold rebounded to 1730s and is currently sitting at 1728.00.
Notes on Higher time frame , on this here is a W chart and I focus now my attention on the RSI indicator waiting for that to reach
lower oversold levels to then look for a bottom at next Key support 1680.00
If this holds up we can look to maybe try one more time for that pullback to retest 1760. - 1800s
Notes on Higher time frame , on this here is a W chart and I focus now my attention on the RSI indicator waiting for that to reach
lower oversold levels to then look for a bottom at next Key support 1680.00
If this holds up we can look to maybe try one more time for that pullback to retest 1760. - 1800s
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