Good morning, Traders π
π Market Update: (XAUUSD)
Price is currently trading below the previous week's Value Area Low (VAL), with sellers showing aggressive control. We're also seeing price hold below VWAP, reinforcing the downside pressure.
However, price is currently sitting at the previous day's Value Area Low β a key level to watch.
π» Bias: Bearish
We'll be primarily active during the NY session β will keep you updated as things develop.
Stay sharp! π―
π Market Update: (XAUUSD)
Price is currently trading below the previous week's Value Area Low (VAL), with sellers showing aggressive control. We're also seeing price hold below VWAP, reinforcing the downside pressure.
However, price is currently sitting at the previous day's Value Area Low β a key level to watch.
π» Bias: Bearish
We'll be primarily active during the NY session β will keep you updated as things develop.
Stay sharp! π―
β€4
Trading Operators Learning Group
Good morning, Traders π π Market Update: (XAUUSD) Price is currently trading below the previous week's Value Area Low (VAL), with sellers showing aggressive control. We're also seeing price hold below VWAP, reinforcing the downside pressure. However, priceβ¦
GOLD IS -1.5% NEGATIVE till 5:30pm
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π‘ GOLD (XAUUSD) β Aaj ka Outlook
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π Price prev day ke range ke andar hai, lekin last week ke key support zone se neeche. Aaj session mein buyers thoda control mein hain.
π§ Short-term bounce hai, bada trend abhi bhi Bearish side favor karta hai jab tak weekly Resistance wapas reclaim na ho.
π Aaj FOMC Day 1 β kal decision aayega, isliye chop/range-bound move expect karo.
β Control continue β weekly zone reclaim attempt
β Control toota β weekly resistance confirm, neeche pressure
βοΈ Most likely: range-bound kal tak
β οΈ Heavy size avoid karo, real move kal aayega.
π§ Short-term bounce hai, bada trend abhi bhi Bearish side favor karta hai jab tak weekly Resistance wapas reclaim na ho.
π Aaj FOMC Day 1 β kal decision aayega, isliye chop/range-bound move expect karo.
β Control continue β weekly zone reclaim attempt
β Control toota β weekly resistance confirm, neeche pressure
βοΈ Most likely: range-bound kal tak
β οΈ Heavy size avoid karo, real move kal aayega.
β€1
π‘ GOLD (XAUUSD) β Today's Update
π Price above yesterday's range, but still below last week's key resistance zone.
π FOMC result today ~11:30 PM IST β expect range-bound chop till then, real move after.
β Break above resistance post-Fed β more upside
β Rejection from resistance β pullback risk
βοΈ Most likely: sideways till the announcement
β οΈ Avoid heavy positions before the result.
π Price above yesterday's range, but still below last week's key resistance zone.
π FOMC result today ~11:30 PM IST β expect range-bound chop till then, real move after.
β Break above resistance post-Fed β more upside
β Rejection from resistance β pullback risk
βοΈ Most likely: sideways till the announcement
β οΈ Avoid heavy positions before the result.
β€2