xauusd technical trading analysis on dated 20-12-2022

178
USDJPY

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  • The rally was sold and the dip bought resulting in mild net losses yesterday.
  • Buying posted in Asia.
  • The previous swing high is located at 1810.
  • Bespoke resistance is located at 1807.
  • Preferred trade is to sell into rallies.

 

Recommendations: Sell/Sell limit @ 1805          TP/Target: 1772