TraderSyl
@t_TraderSyl
What symbols does the trader recommend buying?
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TraderSyl
My setup remains the same, I will focus on GOING LONG for XAU/USD at price 2033.5 - 2030.5. If we look back at yesterday market formation, buyers are entering the market significantly. Another push from the buyers for today then I'll hold my long position until 2055 level.
TraderSyl
Price make a breakout from the support structure and strong RBR was created. Price potentially could retest the BO zone again before making the continuation to fly higher. Interest rate seems to remain unchanged post Waller speaks on Tuesday. Could XAU/USD reach a new higher high of all time? No one know..
TraderSyl
The price might already enter critical daily zone. But so far, there's no selling (Bearish engulfing) structure. Market still bullish after all on major trend. It takes time to create reversal formation, thus I'm still long on gold.
TraderSyl
With the US economy getting better, expecting for greater PMI result on news release. London session could pump the price before full fall. Maybe no maybe yes, decision should be made after clear structure. Its a waiting game after all.Price break the nearest resistance area and making a retest before fly high.
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