XAUUSD | New perspective | follow-up details

Following the indecision that gripped this market during last week's trading session; the price of Gold managed to stay afloat above $1,700 (new demand zone) to keep the hopes of a potential bullish opportunity in the coming week. I will be sharing with you my trading decisions in the comment section of my tradingview platform as soon as the market opens.

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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.

Handel aktiv:

Bullish signal established as price breaks out of the structure and level at $1,720

Good morning

Handel aktiv:

Price is back within a buy zone as I anticipate a reversal structure within this area to add more position.

Good morning

Trade stängt manuellt:

Stopped out at break even. Let's see what happens after the Consumer Price Index which has affected the USD positively

Kommentera:

Today, I want to see if the $1,700 zone will remain a strength for the buyers,

Good morning

Kommentera:

With a final breakdown of the demand zone, we have a bearish signal hence looking for confirmation to join the decline

Good morning