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Thursday, April 01, 2021

๐Ÿ’กDon't miss the great buy opportunity in Gold (XAUUSD)

๐Ÿ’กDon't miss the great buy opportunity in Gold (XAUUSD)

Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (1680. 40 ).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XAUUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 1755
TP2= @ 1815
TP3= @ 1875
TP4= @ 1950
TP5= @ 2000
TP6= @ 2074

SL= Break below S2

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