Xau usd | Next move Touched 2720 ? 13/1/2025
Xau usd | Next move Touched 2720 ? 13/1/2025 Episode#2 January
After Achieving 1200+ pips last week we are ready to catch more pips at this week also
there are some different scenarios and what we are expecting ?
we analyze the market with higher time frame to lower time frames
in monthly candles we create a proper region of resistance level and support area which will be discussed also
after moving daily time frame there was so many several rejection at lower area and we have seen in NFP market clearly reject the 2665 area and move directly to 2690.00
we are defining two scenario's in which gold have to touched 2720 area and after that some relaxation because a proper rising wedge have created and maybe touched 2665 area again
Additionally : Economy might be affect after a horrible incident in Los Angeles !
After Achieving 1200+ pips last week we are ready to catch more pips at this week also
there are some different scenarios and what we are expecting ?
we analyze the market with higher time frame to lower time frames
in monthly candles we create a proper region of resistance level and support area which will be discussed also
after moving daily time frame there was so many several rejection at lower area and we have seen in NFP market clearly reject the 2665 area and move directly to 2690.00
we are defining two scenario's in which gold have to touched 2720 area and after that some relaxation because a proper rising wedge have created and maybe touched 2665 area again
Additionally : Economy might be affect after a horrible incident in Los Angeles !
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