Saif_R

xauusd short & long

Long
Saif_R Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders
-Price is making Consolidation now
-Where 1989 is a strong resistance can be seen.
-We have a minor divergence also.
-Considerations:
1) If the market price is able to break the area 1989 then we can go for long position for next resistance of channel.
2) If market price gave us bearish priceaction then we can go for short for next support zone.
Comment:

Investment and structure planning :
DM
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