GOLD XAU/USD Week 35 Trading Idea (28/08/2019)
On last week,
149x strong support region indeed nicely reacted and then price burst up strongly to 1555 new highs
I had also warned for sellers *149x support area need to clean break below first to confirm further downside
For now 1525 will act as support region (previous resistant region)
With the next 1508 minor support
149x major support
Will only look for BUY entry on the following important highlighted region
We will also need to observe how this weekly and monthly candle close.
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.
149x strong support region indeed nicely reacted and then price burst up strongly to 1555 new highs
I had also warned for sellers *149x support area need to clean break below first to confirm further downside
For now 1525 will act as support region (previous resistant region)
With the next 1508 minor support
149x major support
Will only look for BUY entry on the following important highlighted region
We will also need to observe how this weekly and monthly candle close.
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.
Trade active:
That was FAST!
100pips/10$+ in just an hour
100pips/10$+ in just an hour
Comment:
1544 obvious resistant area
Trade closed manually:
Price did a strong pull back along with yesterday slight retracement
1532 dual h4 rejections
1532 dual h4 rejections
Comment:
1516 lows
