XAUUSD on 29 May 2018
The price moving in the downtrend of time frame day along the demand supply H4.
If price penetrating up, will hit the Supply zone D1 and the trend line on the top down. Wait for the timing to sell when the price action pattern occurs. But if breaking through beyond the trend line then leave the market first. If the price actually reverses, the target to closed is at the bottom of the Demand zone.
If the price does not pass and come down to the bottom of the day Demand zone, wait for the timing to buy. If the price action occurs, you can buy it. The target profit is at the previous high. We do not focus on buy this time, continue to sell.
In summary, gold is in the downtrend, focusing on sell.
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