Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: As we can see here price took buy stop liquidity and rejected from psychological price level 2000. I expect bearish price action and I am looking only for shorts. My target is the imbalances lower.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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‼️ This is my perspective on XAUUSD.
Technical analysis: As we can see here price took buy stop liquidity and rejected from psychological price level 2000. I expect bearish price action and I am looking only for shorts. My target is the imbalances lower.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
Like, comment and subscribe to be in touch with my content!
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