After reaching TP as analyzed yesterday and the market has also reversed at this price zone and Retested DEMAND ZONE 1850 – 1855 1 again
– D1 timeframe closed in 1854
– Currently, Gold’s D1 frame has no reversal signals at this important DEMAND ZONE. However, this is already the 2nd test here and has not been punctured => Proving that the Bulls defend this area very well. Blackmantrader’s view today is that the market will rise again. At the beginning of the day there will be sideways around here then will increase in the evening with targets of 1857 and 1865 respectively.
Command reference:
Buy 1853
SL: 1848
TP1: 1857
TP2: 1864