XAUUSD What's Next 2050 or 1980
Hope you are doing well , We have already seen this week Bull rally 1980-2048 after FOMC, More than 350 pips movement. So now the question is what will going to happen next , Holidays are in coming as we all know. Big whales are busy. Vacation mode incoming. Last day after mid US session we have seen a 200 pips sudden fall which is profit booking. I am expecting a Inverse Head and Shoulder formation pattern will make in the upcoming days. My target is still same.
Support area 2005-2009
Resistance area 2048-2051.22
BUY trade 2005-2009
SL according to your risk criteria
TP area - 2018-2035-2050-2070-2090-2100-2114
SELL below 1975.55
SL according to your risk criteria
TP area - 1965-1955-1945-1940-1938-1935-1928
Educational purpose only !
Hope you are doing well , We have already seen this week Bull rally 1980-2048 after FOMC, More than 350 pips movement. So now the question is what will going to happen next , Holidays are in coming as we all know. Big whales are busy. Vacation mode incoming. Last day after mid US session we have seen a 200 pips sudden fall which is profit booking. I am expecting a Inverse Head and Shoulder formation pattern will make in the upcoming days. My target is still same.
Support area 2005-2009
Resistance area 2048-2051.22
BUY trade 2005-2009
SL according to your risk criteria
TP area - 2018-2035-2050-2070-2090-2100-2114
SELL below 1975.55
SL according to your risk criteria
TP area - 1965-1955-1945-1940-1938-1935-1928
Educational purpose only !