XAUUSD - GOLD

16 Eyl 2023

My views on GOLD-XAUUSD, Currently the market is compressing within the 2020 High and Low, so the market just broke out that bullish run but the re-test seems not yet complete. However, that doesn't stop us from trying to predict the next move, that's what's exciting about this right!? So if we sell, we sell as per my set short position on this chart/post, the risk will be less in that entry point/zone(you open your chart too and figure yours out). However, another sweet entry will be there by my QML which is also a strong buyers zone, my risk there is quite big reason being that there may be chances for a fake-out there IF it does drop. Anyway, enjoy trading fam.