Based on previous structure, and s/r levels, I have decided to go long on the XAU/USD for the next week. We are seeing a quieter market in August and fundamentals have not changed for gold. So I would be expecting XAU/USD to stay in its current structure, and move back to it's highs in this sideways market.
TP = 1353.00
SL = 1328
TP = 1353.00
SL = 1328
Trade active
Trade closed: target reached
Successful guys :)
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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.