XAUUSD: Will we see more buys from here??
Looking now from 2hours views has a trendline liquidity and the probability of price to break this trend line is 60%
Reasons;
1. Inducement sits below and price always takes out the inducement and mitigate a POI before going for a new High
2. The previous pullback has bearish momentum signaling bearish strength
3. price has made a three legs move and possible reversals could be eminent
We keep an eye on DXY cause weaker DXY will give gold further bullish sentiment from here
Happy trading
Reasons;
1. Inducement sits below and price always takes out the inducement and mitigate a POI before going for a new High
2. The previous pullback has bearish momentum signaling bearish strength
3. price has made a three legs move and possible reversals could be eminent
We keep an eye on DXY cause weaker DXY will give gold further bullish sentiment from here
Happy trading
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.