#XAU/USD# Morning gu...Mancy Lee より

06 Dec 2022, 09:14 · Views 1,174

#XAU/USD# Morning guys, this is my expectation fot today’s gold. Span B is a new strong resistance in H1 timeframe which made 1775-1770 is a strong resis area. If this morning, asia gold could not break through it which is my expectation we could place sell 1775, TP 1762, SL 1780. Good luck guys.

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Mancy Lee

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DNBC Global / Forexcec.com / https://www.dnbcmarkets.com I'm here to give you some advice, trading scenario. It would be great if you could earn something from Forex.

XAU/USD

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#XAU/USD# Yesterday’s news has created a soaring bullet that eventually break through resistance 1765, next resistance will be 1783-1786. It is quite risky if we start our position for now. We probably have to wait for the sell signal in case if it cannot break 1786. Therefore, sell 1786, SL 1790, TP 1779, 1771, 1765. Good luck guys. This week’s gold is quite unpredicatable so we have to wait for some confirmed signal.

Mancy Lee

#XAU/USD# Good morning, this is the weekly gold prediction Gold price this week has been under selling pressure when approaching the level of 1,800 USD/oz. Accordingly, after heading the threshold of USD 1,787/oz, the international gold price dropped sharply for 3 consecutive trading sessions, sometimes down to USD 1,747/oz and closed the week at USD 1,750/oz. The reason gold price is under downward pressure in the last trading sessions of this week is because FED officials stated that FED will continue to tighten monetary policy even though US inflation has dropped continuously for a while. Technically, after the up phase from 1618 to close to 1787, gold price showed signs of decreasing again after the price reaction around dynamic resistance with Weekly frame. can return to the area 1725-1700. If it sustains around this level and then moves up to break the 1800 round resistance, a new uptrend can be confirmed. Expected entry: Sell 1766, SL 1769, TP 1755, 1744, 1786 Buy 1670, SL 1665, TP 1708, 1715, 1724

Mancy Lee

#XAU/USD# Generally, this week’s gold and XXX/USD is expected to be descended as last week’s non-farm has created a skyrocket milky way for us to the moon. However, it is time we have to set our foot on the ground as DXY has reached its strong support, so scenarios for XAUUSD generally is to sell, which: + It could start its descending trend to 1659-1661 just now and we can expect to sell now 1673, SL 1683, TP 1667, 1664, 1660 + It could regain its power to and back to 1683, this is the monthly trend line so we could expect to sell from here, 1683 SL 1687, TP 1680, 1675, 1670. Resistance & support for scalping: 1683-1659 Good luck guys.

Mancy Lee

#XAU/USD# Good morning, this is my prediction for DXY today. So far, we can see it still on the uptrend and probably head to 112,401. However, we can expect in this morning, Dollar back to 111,.762 or even lower 111.408. Therefore, strategy for XXX/USD in this morning is to buy and USD/xxx is to sell. However, everything cannot always be secured as we expected. The market recently has been committed high votality so we can expect to scalp 2 3 prices. Good luck guys.

Mancy Lee