I am expecting this scenario on H4 Timeframe
Its a proper rising channel and we seen that after a higher its a time to create a lower ❗️
We are waiting and observing the next gold touched would be probably 2650.00 🙌
Currently gold at 2675.00
Target would be 2660.00 then 2650.00
Stoploss would be depend on your equity and lot size we will take Stoploss as 70 pips
#XAUUSD
Its a proper rising channel and we seen that after a higher its a time to create a lower ❗️
We are waiting and observing the next gold touched would be probably 2650.00 🙌
Currently gold at 2675.00
Target would be 2660.00 then 2650.00
Stoploss would be depend on your equity and lot size we will take Stoploss as 70 pips
#XAUUSD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.