xauusd analysis
as you can see, gold is near a supply zone so there is a good chance to have a good sell position from here to the next demand zone.
there is a good demand zone south the price and as you can see the momentum for buyers was great so I think there is a risk to sell from supply zone but for the buyers there is less risk in the long position.
there is a good demand zone south the price and as you can see the momentum for buyers was great so I think there is a risk to sell from supply zone but for the buyers there is less risk in the long position.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.