GOLD XAU/USD Week 38 Trading Idea (16/09/2019) Watch 1485
Watch 1485 important support region
Whilst 1508 and 152x remain as resistant region
I DO NOT opt out price to retest back the resistant region again to complete the near perfect H&S formation prior melting down below 148x
Plus we are having Saudi OIL tension now, i do expect some pull back on tomorrows Monday opening.
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Whilst 1508 and 152x remain as resistant region
I DO NOT opt out price to retest back the resistant region again to complete the near perfect H&S formation prior melting down below 148x
Plus we are having Saudi OIL tension now, i do expect some pull back on tomorrows Monday opening.
Traders/Investors are always advised to DYODD Do Your Own Due Diligence on our following analysis outlook.
These are NOT trade BUY/SELL/HODL call out, but outlook to align my view of the market to your own trade analysis.
These are merely based on our TA Technical Analysis , FA Fundamental Analysis and SA Strategy Analysis.
We want everyone here to have a higher chance of making profit and minimize losses.
Comment:
Price had reached back 152x res area
Now price trapped below daily ema for 4days
Will be interesting to watch how price react on later FOMC meeting