Xau is expected to make a buy pullback after a SHORT yesterday through to the 2290's
GOLD would be going on a bullish hedge as we anticipate a turnaround for a continued short at the indicated reaction zones- R1, R2 and R3
Based on the analysis, the expected zone of turnaround is R2 just as indicated by the lowering arrow or we could have an uptrust ..
Like, comment your views and let me know your GOLD analysis bias.........👍
GOLD would be going on a bullish hedge as we anticipate a turnaround for a continued short at the indicated reaction zones- R1, R2 and R3
Based on the analysis, the expected zone of turnaround is R2 just as indicated by the lowering arrow or we could have an uptrust ..
Like, comment your views and let me know your GOLD analysis bias.........👍
Trade active:
Analysis still stands as we anticipate the complete hedge movement
please note that retracements would occur- for every reaction zone R1, R2 and R3, Partial TP's should be taken
please note that retracements would occur- for every reaction zone R1, R2 and R3, Partial TP's should be taken