Under Pressure
Our Pivot: 1845
Our Preference: Start short selling XAUUSD below 1836.50 with strict stop loss of 1845 and profit target at 1828 with extension towards 1823.
Alternate Scenario: Upward penetration of 1845 will call for 1851.
NOTE: XAUUSD had faced rejection from 61.8% correction of its last bearish rally.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.