XAUUSD 1H LEVELS - 24/08/2023
If you followed my previous idea about DXY, we did get a rejection at 103.8 resistance zone, which means bullish for most USD pairs
In my previous idea about XAUUSD, to enter scalp long I was looking for price to get above 1910 resistance zone first and flip it as support
I got short scalp entry at 1920 resistance zone, but the better entry is to wait for price to come to 1912-1910 support zone and look for bullish confirmation candle on lower time frame
As long as we're above 1880, we'll remain bullish
Previous DXY idea:
Previous XAUUSD idea:
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
In my previous idea about XAUUSD, to enter scalp long I was looking for price to get above 1910 resistance zone first and flip it as support
I got short scalp entry at 1920 resistance zone, but the better entry is to wait for price to come to 1912-1910 support zone and look for bullish confirmation candle on lower time frame
As long as we're above 1880, we'll remain bullish
Previous DXY idea:
Previous XAUUSD idea:
*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(15m, 5m, 3m, 1m)
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