Last week, after establishing a solid foundation in the 2150 zone,
XAUUSD
experienced a rapid ascent, reaching a new all-time high at 2222.
However, profit-taking ensued, causing the price to retreat below 2200. Despite a 700-pip drop, the overall structure remains bullish above 2150.
Consequently, my strategy entails buying dips in anticipation of a retest of the 2200 figure.
However, profit-taking ensued, causing the price to retreat below 2200. Despite a 700-pip drop, the overall structure remains bullish above 2150.
Consequently, my strategy entails buying dips in anticipation of a retest of the 2200 figure.
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai