Yesterday’s market price decline, occurred after a breakout that occurred in the support area with a morubozu candle on the H1 timeframe.
So through the current chart now what can be seen through the current potential? The current chart is uptrend after the market opened and did not pass yesterday's lows.
Continuing that, I see this rise is a retracement that took place in the early morning and the possibility of the price being able to reach at 1743.00 where it is the closest resistance area to the current price.
In addition, at the price there is a confluence where the support price and has a trendline drawn through the timeframe M15, so I will look at the chart if there is a reversal movement, the mark as an entry point will be done.
Accompanied by risk management between 1: 2-1: 3 can be taken at a lot fixed rate according to the available account capacity.
The price seen as a whole has a breakout at the lowest price, it is likely that if the US session opens, traders can see an interesting movement through gold now, that is in case of momentum.
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