XAUUSD on 2945 mark!!
In our previous commantary we mentioned if 2896 invalidate and candle close above we have 2930 on mark.
As we have closed our buy orders with 250 pips Tp hit at 2920.
What possible scenario do we have?
At moment selling is limited, we are expecting a little correction at 2908-2905 ,where we have possible buying options till 2930 first 2950 in extension.
On the other hand, if 2908-2905 invalidated then our buying will be invalid qnd we'll wait for the structural support.
As we have closed our buy orders with 250 pips Tp hit at 2920.
What possible scenario do we have?
At moment selling is limited, we are expecting a little correction at 2908-2905 ,where we have possible buying options till 2930 first 2950 in extension.
On the other hand, if 2908-2905 invalidated then our buying will be invalid qnd we'll wait for the structural support.
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Related publications
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.