XAU/USD Buy
Reason for trade:
Weekly - Price has not been able to hit lower for the past 1 week based on weekly timeframe , 1260-1270 proven to be a strong support
Daily - High volume coming in at area of support that coincides with previous high volume trenches.
Weekly - Price has not been able to hit lower for the past 1 week based on weekly timeframe , 1260-1270 proven to be a strong support
Daily - High volume coming in at area of support that coincides with previous high volume trenches.
Note
Weekly - Price has not been able to hit lower for the past 1 MONTH*** based on weekly timeframe
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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.