OANDA:XAUUSD   Gold Spot / U.S. Dollar
hello every one
after today's news and market reactions to fundamentals previous short term trend continues to current key level i think loosing 1931 support area which acts as last months low and support is the most important part of summer's trading plan , this major level should respect with a valid timely pullback , it's too soon to predict after pullback market maybe price breaks this area upward or maybe after completing pullback starts a multi week downtrend . we should wait and never forget that patience is the key .
for this week's last day market a long and maybe a short after pullback happens.
now i will do this.
RR ratio is sparkling . abcd pattern and decreasing selling pressure .
what do you think guys ?
Trade active
Trade closed: target reached
Comment:
now we will short the market
Trade active:
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