Here, is the weekly analysis report for XAUUSD - GOLD.
XAUUSD
Gold is currency is a consolidation phase, 1920-1950 is the current range, seems weak on daily candle the bias is negative it's a SELL ON RISE till 1954 as STOP & REVERSE.
FOLLOW THE LEVELS AS MENTIONED.
BUY ABOVE 1954 FOR POTENTIAL UPSIDE 1985 - 2018
SELL BELOW 1924 FOR POTENTIAL DOWNSIDE 1899 - 1870
RISK REWARD MINIMUM 1:1
Cheers..Happy trading.
Traders, if you liked this analysis, hit the like button and write in the comment section. Thanks !!
XAUUSD
Gold is currency is a consolidation phase, 1920-1950 is the current range, seems weak on daily candle the bias is negative it's a SELL ON RISE till 1954 as STOP & REVERSE.
FOLLOW THE LEVELS AS MENTIONED.
BUY ABOVE 1954 FOR POTENTIAL UPSIDE 1985 - 2018
SELL BELOW 1924 FOR POTENTIAL DOWNSIDE 1899 - 1870
RISK REWARD MINIMUM 1:1
Cheers..Happy trading.
Traders, if you liked this analysis, hit the like button and write in the comment section. Thanks !!
