XAUUSD. Trading within the range.

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Hey traders and investors!

I expected a correction to 2605.31 and a good buyer's resumption last week, but the correction didn't happen. Let's look at the chart.

A range has formed on the daily timeframe. The upper boundary is 2721.42, and the lower boundary is 2536.855.

The buyer's vector 5-6 has reached the upper boundary of the range. The seller's vector 6-7 is now relevant, with potential targets at 2605.31 (2581.445, 2536.855).

There was a consolidation in the middle of the range, so a buyer's resumption may occur within the 2650-2627 range.


Good luck with your trading and investments!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.