Gold USD repeatedly pullback to the demand zone

30 maj

XAUUSD The FED minutes hawkish tone is currently pushing negatively on the XAU/USD underlying bullish momentum. A renew dig under the 2340 support level is on the way .
That wave started by a breakout at 2357 to reach potentially a first negative target at 2331.
It's now to early to place a bullish bet as a 2324 second negative target could be reached later today.

A clear decisive break above 2343 resistance level can enable further positive upsides.

30 maj

Zlecenie aktywne

After a brief ping of the 2339.5 resistance price line, price action succeeded to dive beyond our first 2332 target to open the door for achieving our second negative target at 2324

30 maj

Zlecenie aktywne

Despite a new rebound from my 2321 first negative target to tag the 2336 resistance price line I'm adding a new short entry in a bet to exit in the 2324-2325 price area

30 maj

Transakcja zamknięta: osiągnięto wyznaczony cel

We're going to get to the second negative target. Good job done