#XAUUSD - 1H ANALYSI... dari tradesbykk

#XAUUSD - 1H ANALYSIS 🎀 Gold is trading at the price 4164 - 54 & stuck in ranging phase. Despite CPI & PPI were bearish for gold, it is showing us bullish signs. Next area of interest is 4080 | 4230 ; if it successfully breaks resistance then gold will shift to bullish trend. Sells can be made below 4200 | 2430 targeting 300 PIPS max. Wait for your confirmation & trade accordingly.

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#XAUUSD - CURRENT SITUATION 1D TIMEFRAME 🎀 Gold is showing us strong signs of clear breakout around 4100 - 4110 resistance as the middle east tensions are again rising. Although china bought 23 tons of gold consecutively for third time which created huge demand. Till now picture is unclear, situation is worst than before, war between US & Iran, Inflation, Interest rate are the couple are factors that created huge uncertainty. Ideal strategy would be to take less risk or avoid trading.

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#XAUUSD- 15M SETUP 🎀 Yesterday we have seen less volatility compared to others & gold is still trading below 4180 - 4200 resistance. If we see an clear breakout above resistance then next possible targets are 4240-60. Shorts can be planned below resistance & targeting 4160. Wait for your confirmation & trade accordingly.

tradesbykk

#XAUUSD - 30M 🎀 Gold is currently in ranging phase & next possible target is lower low. On Wednesday we have CPI to be released out, still overall scenario is bearish. Sells can be made around 4185-95 targeting previous liquidity. Buys are not safe option until wednesday & inflation report.

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