XAU: Two scenarios coming

١٩ أغسطس ٢٠٢٠

We can see a dump from XAU from 2040 area to the low 1880. However, there was no re-test at that low, so I expect to have a test at this area.

Plan to short after the key level is lost at 1978, and potential take profit is 1890 area.

XAUUSD

١٩ أغسطس ٢٠٢٠

ملاحظة

Another scenario is

We can aim for a long after they have broken the block to the old high.

٢٠ أغسطس ٢٠٢٠

ملاحظة

Price moved below the support and touched 1930 zone.



I have took profit from the short from 1978 to 1930. Waiting for the setup for today.

Have fun!