My opinion about XAU/USD evolution
Hi everybody, if you like my work please like this analysis.
Price might go down to 1720 and if it cross this value, it will go down to 1712.
At this point 2 different scenarios are possible :
-A double bottom is created and you can long with a first take profit at 1735 and a second to 1750.
-A cross of the the 1710 zone, you can short with a first take profit at 1665 and a second to 1645.
Please give me advices to progress, i'm a young engineering student who loves economy and if you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
Price might go down to 1720 and if it cross this value, it will go down to 1712.
At this point 2 different scenarios are possible :
-A double bottom is created and you can long with a first take profit at 1735 and a second to 1750.
-A cross of the the 1710 zone, you can short with a first take profit at 1665 and a second to 1645.
Please give me advices to progress, i'm a young engineering student who loves economy and if you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
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