Xauusd | Market break the point 2770-2769 ?
XAUUSD 2,770 885 | 27/January/2025 ( Market break the point 2770-2769 )
- This video is based on Educational Purposes
In Our Past Commentary we discuss that market should close the candle below the 2770-2769 area and Currently market is at 2770.885 which is quite close
So what will be the Possible Scenarios ?
- Bearish Scenario : If Market closed the candle below our Observation point we will hold our positions to 2760 point and we are confident market will touched at 2750.00 so basically there are two regions (2750 and 2739) which are indicated trying to push from levels .Although if candles closed below this region our expectations would be to touched 2680.00 area a new lowest point
- Bullish Scenario : if Market cant break the Support level which is at 2770 - 2769 area we are going to expect the All time high at 2790 to 2800.00 area
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