xauusd h2 accumulation buy low target is 2050 usd

4 באפר׳ 2023

🔸Hello traders, today let's review 2 hour price chart for gold. Currently accumulation in progress.
Trading near range highs, no valid setup for the bulls at market price. Gold market recently
generating solid gains due to increased uncertainty in traditional markets.

🔸Right now gold price is preparing to re-test the ATH, therefore accumulation in range last few
weeks. Range is defined by range lows at 1950 usd and range highs at 1985 usd. Premium prices
set at 1995/2005 usd and 1940/1945 usd.

🔸Recommended strategy bulls: wait for the prices to pullback to range lows near 1950 usd and
buy low, preferably near premium prices. TP1 will be recent range highs at 2 000 usd.
TP2 is 2050 USD based on measured move price projection. good luck traders!

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