Opportunistic Wednesday presents us with XAU/USD

Hello traders,

Let’s see what the market has for us this Wednesday.

 

 

1. XAU/USD (GOLD)

This will be the fourth time Gold will be making an attempt to break the 1830.29 resistance level in the past three months plus.

If you ask me…

The higher lows formed by price in the past 3 months, and the strong bullish pressure we can see since the beginning of the week is enough conviction that price will most likely head for the next possible resistance level (1871.85)

 

NOTE: Check out our Monday setups, GBP/JPY setup is looking good for a possible trade this Wednesday.

 

What say you?

 

For those who are interested in joining our FREE trading group on Telegram, where trade ideas and trade-related topics are discussed, which could assist your trading career while being infected by positive vibes

hit us on Pip Crafters

 

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)