XAUUSD SCALPING LONGS HIGH RR IDEA !
Hello Guys, here on Gold Iam expecting price to go higher, and why? You migh ask
First of all, we hace a downmove and price has gone to a golden ratio fibonachi level (618) which has inside a high demand area
Second, inside that level price has broken minor supports, making retail traders sell the small breakout, but it is a DEMAND area, and now price has reached the 161 8 of that small pullbakc
Third of all but not less important, the USD is kinda weak compared to the dollar, and today the unemployment was bad for USD. So
Thats why Iam expecting XAUUSD Long.
First of all, we hace a downmove and price has gone to a golden ratio fibonachi level (618) which has inside a high demand area
Second, inside that level price has broken minor supports, making retail traders sell the small breakout, but it is a DEMAND area, and now price has reached the 161 8 of that small pullbakc
Third of all but not less important, the USD is kinda weak compared to the dollar, and today the unemployment was bad for USD. So
Thats why Iam expecting XAUUSD Long.