$XAU after breakout now consolidating another volatile move is loading
ပို့စ်
--တက်ရိပ်ရှိသည်
Crypto novice
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တက်ရိပ်ရှိသည်$XAU bounced back from massive support or buyers zone which is at 3935 - 3980 level.... That's a important zone...
technically $XAU can start a uptrend for midterm perspective...
If we look into shorter timeframe chart that means 1h chart hope you can see $XAU is following a downtrend and that downtrend started from4375 level now I can see that downtrend is broken so that we can say GOLD is bullish...
So that IO will open a long with tight SL
entry price- 4000-4033
1st tp- 4120
2nd tp- 4222
SL-3948
technically $XAU can start a uptrend for midterm perspective...
If we look into shorter timeframe chart that means 1h chart hope you can see $XAU is following a downtrend and that downtrend started from4375 level now I can see that downtrend is broken so that we can say GOLD is bullish...
So that IO will open a long with tight SL
entry price- 4000-4033
1st tp- 4120
2nd tp- 4222
SL-3948