XAUUSD OUTLOOK - NEXT MOVE POSSIBLE
Price trading inside bullish channel and is approaching one of the key levels for a long entry. There might be a potential opportunity for a long with targets reaching the previous high. We had already marked the Key Levels for both TP & SL. It's approaching a key support level which is the previous resistance that could act as a support once it retests.
Long entries can be taken when it reaches that level when we identify bullish price action for an upside.
Price trading inside bullish channel and is approaching one of the key levels for a long entry. There might be a potential opportunity for a long with targets reaching the previous high. We had already marked the Key Levels for both TP & SL. It's approaching a key support level which is the previous resistance that could act as a support once it retests.
Long entries can be taken when it reaches that level when we identify bullish price action for an upside.