Buying Will Be Over UPTo 2750
Instrument: [XAUUSD]
Time Frame: D1 Chart
Observations:
1. Identified strong Buyer and Seller zones within a parallel channel flow in a upward trend.
2. Trend has consistently respected Resistance Zone 3 and Buyers Zone 4 times with instances of reversal.
4. Price reversed to Bullish last week upon hitting the support zone at 2600_2605
5. Current price action shows respect for the Resistance zone that is lying in the zone 2642_2648.
6. As we are observing EMAS also indicates up trend but it will be short.
Trading Strategy:
Put Your Entries in the Zone of 2642_2648 for a cofrim Sell upto 300 Pips Profit putting S.L 70 Pips
Time Frame: D1 Chart
Observations:
1. Identified strong Buyer and Seller zones within a parallel channel flow in a upward trend.
2. Trend has consistently respected Resistance Zone 3 and Buyers Zone 4 times with instances of reversal.
4. Price reversed to Bullish last week upon hitting the support zone at 2600_2605
5. Current price action shows respect for the Resistance zone that is lying in the zone 2642_2648.
6. As we are observing EMAS also indicates up trend but it will be short.
Trading Strategy:
Put Your Entries in the Zone of 2642_2648 for a cofrim Sell upto 300 Pips Profit putting S.L 70 Pips
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