Potential good trade - follow up analysis
Click the link in the Yellow circle to see the previous analysis.
Nearly PERFECT analysis so far. The potential target 1 zone is very crucial. If it can break that zone, I reckon XAU will keep climbing to the next target. But if it rejects the potential target 1, I reckon it will fall back down to the bottom white channel line.
Catalyst:
- Fed chair Powell
- Covid-19 news
- Trump tweet
- US Unemployment
- Price action
Nearly PERFECT analysis so far. The potential target 1 zone is very crucial. If it can break that zone, I reckon XAU will keep climbing to the next target. But if it rejects the potential target 1, I reckon it will fall back down to the bottom white channel line.
Catalyst:
- Fed chair Powell
- Covid-19 news
- Trump tweet
- US Unemployment
- Price action
Komentarz:
I sent this chart to my clients a few hours ago.
Komentarz:
So far, so good! Current market price chart
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