In this analysis we are focusing on M30 time frame for GOLD. Here we are using support and resistance combine with liquidity concept. We have both conditions buying or selling , but as we know that the trend was bullish and also bullish momentum is very strong. So if market break the red line area which is also known as S / R towards upside and close candle upside than we look for buy. But if market reject this S / R (2472.00) area towards downside and close the candle below than we look for sell. Candle confirmation is very important so we will wait for confirmation. Let's delve deeper into these levels and potential out comes.
Always use stoploss for your trade.
# XAUUSD M30 Technical Analyze Expected Move.