Hello everyone. I want share my idea about XAUUSD pair.
last week after USD CPI we saw strong bullish movement on XAUUSD.
At 1w chart gold was in bullish trend it touched to daily Fibonacci LVL important support and weekly trendline, then we saw bullish movements which broke previous resistances.
At the moment gold has little range, at 1952 LVL we saw 3 times liquidity swings. I still looking at gold bullish and this is my price prediction scenes which is possible happen next week.
1 Bullish - price has strong pullback at 1952 going up and brake resistance which is at 1985.
2 Bearish - price coning at support there are not buyers, sellers brake support and with new LH coming price down and brake big support LVL which is at 1911.
I only looking for enter long position, in my last price prediction gold gave me good reward. I will link in this idea my last price prediction.
last week after USD CPI we saw strong bullish movement on XAUUSD.
At 1w chart gold was in bullish trend it touched to daily Fibonacci LVL important support and weekly trendline, then we saw bullish movements which broke previous resistances.
At the moment gold has little range, at 1952 LVL we saw 3 times liquidity swings. I still looking at gold bullish and this is my price prediction scenes which is possible happen next week.
1 Bullish - price has strong pullback at 1952 going up and brake resistance which is at 1985.
2 Bearish - price coning at support there are not buyers, sellers brake support and with new LH coming price down and brake big support LVL which is at 1911.
I only looking for enter long position, in my last price prediction gold gave me good reward. I will link in this idea my last price prediction.
