XAUUSD | Perspective for the new week | Follow-up details

黄金现货/美元 (OANDA:XAUUSD)

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OANDA:XAUUSD 黄金现货/美元

trendanalysis chartpattern xauusd xauusdsignals xauusdshort xauusdlong xauusdanalysis breakdown reversalpattern xauusdforecast priceaction

The Greenback remains firm and strong ahead of the FOMC meeting this week. During the course of last week's trading, we witnessed a significant breakdown of the demand zone at around the $1,700 area to incite a bearish signal. So, is the price going to retest the $1,700 zone to confirm a selling momentum or will there be an opportunity to buy right above the $1,700 this week?

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交易开始:

I am still monitoring price action - is the price going to respect the demand zone to signal a bullish momentum or is there going to be a breakdown of the demand zone to signal a trend continuation to the downside?

Good morning

交易开始:

Multiple rejections of the demand zone resulted in a breakout of $1,690. I am moving my stop-loss to break even. Another opportunity to re-enter above the $1,690 could happen if a retest of the structure happens.

交易开始:

Breakout/retest of structures happens as the price comes back to the entry zone. Doing a re-entry right above the $1,670 (a typographical error yesterday - its $1,670 not $1,690)