Good morning, bros
$XAU
Chart 1️⃣ is my early prediction, and the market is showing some respect—almost spot on.
Today, we need to keep a close eye on a few levels.
Resistance is around 4360-4370; if we break that, we’re looking at 4400-4450. Only then could we see an actual uptrend instead of just a bounce back.
Support is in the 4250-4230 range. If we slice through 4200 like butter, this bounce is done for, and the market will continue its downward trend. Time to go bold and short.
Remember, try not to engage during the Asian session; wait for the European session and the overlap with the US session for the best trading opportunities.
$XAU
Chart 1️⃣ is my early prediction, and the market is showing some respect—almost spot on.
Today, we need to keep a close eye on a few levels.
Resistance is around 4360-4370; if we break that, we’re looking at 4400-4450. Only then could we see an actual uptrend instead of just a bounce back.
Support is in the 4250-4230 range. If we slice through 4200 like butter, this bounce is done for, and the market will continue its downward trend. Time to go bold and short.
Remember, try not to engage during the Asian session; wait for the European session and the overlap with the US session for the best trading opportunities.