fxpro86

XAUUSD Outlook 25 Jan 2021

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Monthly- Price rejecting prev buy zone 1800.00
Weekly- price is @ resistant, wait pullback to buy
Daily- Setup Inverted H&S, Breakout & Late Retest
1802.50, then rejecting 1840.00 zone after breakout...huge wick on previous friday candle.
so wait price to retest 1840.00 zone to confirm the zone before any entry.
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