ECAP_TRADER

XAU/USD WEEKLY ANALYSIS

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hy guys,So this is my first time i,m doing a weekly analysis for XAU/USD .Last week ,the prices forming a descending flag pattern on 4h charts indicates that the market sentiment is still bearish or a downtrend.So i found a good setup for sell opportunity and you can wait for a price to go inside a supply zone or resistances area that i have marked on a chart.The prices can go down until it meet another support or buying pressure area.



Thanks for reading my analysis.one thumbs up for you .Happy trading.







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