XAUUSD had a good growth yesterday and we can still see the bullish pressure on the market.
But, There is a supply zone (in yellow colour) around 1850 - 1870, which made price to be dropped in the past.
Currently, I expect more rise for XAUUSD and I will wait for the price to reach the daily supply zone and in the case of seeing any bearish reversal signal in 1H in the next week, I will sell gold and expect a drop on it to the marked green levels.
But, There is a supply zone (in yellow colour) around 1850 - 1870, which made price to be dropped in the past.
Currently, I expect more rise for XAUUSD and I will wait for the price to reach the daily supply zone and in the case of seeing any bearish reversal signal in 1H in the next week, I will sell gold and expect a drop on it to the marked green levels.
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