Tradillion

XAUUSD: DAILY TIME FRAME ANALYSIS

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Scenario1: We expect it to retest the 1755 region ( Previous BOS) and then travel back to 1850 Level ( of course need to see if we have 3 confluence after it retests 1755 zone)

Scenario2 : If it breaks below 1750, wait for LL & LH Formation in lower time frames, and have your TP1@ 1680 and TP2@ 1600
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.