XAUUSD trading guidance for Wednesday

3 Apr

#XAUUSD 2024.4.3

📈Market Direction

During the last 3 days of this week, the market will fluctuate very strongly due to news about unemployment, especially Norn-farm on Friday. I remind you to reduce volume and always manage capital when entering orders.

About today, the opening price of gold is above the pivot and POC so the direction is BULLISH. I will wait for the gold price to decrease to key levels and enter orders when there is a signal. I expect gold to reach 2300 or even 2315 if the momentum increases strongly, conversely if gold goes through key levels without providing a reversal signal, gold may fall to test virgin POC at 2239

📈Zone Analysis

- 2269 zones m5
- 2260 zone m15
- 2252 fipzone m15

So today I will consider BUY

Entry Buy: 2269-2260-2252
Target: 2300 - 2315

📕Note:
- If there is no signal, do not trade
- Stoploss 3 times then you should rest


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