Gold XAU/USD (If you want to buy in, be patient)
View On XAU/USD (6 Feb 2018)
We are in a healthy UP trend BUT the price has met strong resistant near $1,325 level.
The price had a nice pullback down to $1,314 area.
I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".
We may decent pull back down. It can go to $1,290 level first before it gets supported.
I am not in the hurry to long, just yet as I prefer it to go in with strong bullish momentum at good support. I will wait patiently to buy in.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
We may (or) We may not take the trade. The risk of trading in securities markets can be substantial.
You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
We are in a healthy UP trend BUT the price has met strong resistant near $1,325 level.
The price had a nice pullback down to $1,314 area.
I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".
We may decent pull back down. It can go to $1,290 level first before it gets supported.
I am not in the hurry to long, just yet as I prefer it to go in with strong bullish momentum at good support. I will wait patiently to buy in.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
We may (or) We may not take the trade. The risk of trading in securities markets can be substantial.
You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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