Hello. Below are some recommendations for trading in the Forex market on 08/18/2023
XAUUSD
Let's look at Gold. Metals in August directly surprised, while basically everyone hangs back and forth, Gold rolls down without recoil. Today we passed the last local minimum, and entered the area of the old GEP’a. I think we can think about closing part of the sales and see if we will give an upward reaction here. In the statistics of transactions, there is a good preponderance of buyers, and, apparently, we will close the Gap completely. If we give an upward reaction, then I will catch the price from above at the levels of 1910.77 and 1924.86.
