Rebound Insight
Our Pivot: 1837
Our Preference: Start Buying XAUUSD above 1844.10 and average it out till 1842 with strict stop loss of 1837.00 and profit target at 1851.00 with extension towards 1856.00.
Alternate Scenario: Downward penetration of 1837.00 will call for 1832 and 1828.
NOTE: XAUUSD is trying to bounce back after getting support from an ascending trend line.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.