ANALYSIS ON XAUUSD

Okay, so what kind of situation we are having on gold?

We have a break above 1950 region which was an important resistance which is now turned support. Before this market was consolidating in the region of 1910-1950

Now, how we will approach this situation?

We have a break of structure on daily we will be looking for long position on the retest of the support region if we get a valid entry in 4 hr chart...

Plus we have a trendline support too. However, we still have to see the price action in the region shown on chart...


Now, if you need any kind of help PM me
Beyond Technical AnalysisTechnical IndicatorsTrend AnalysisXAUUSDxauusd4hxauusdbuyxauusddailyxauusdforecastxauusdideaxauusdlongxauusdsellxauusdshort

Aviso legal