Gold Buy Long!
XAU has been consistent with it's reaction inside this parallel channel, currently we have an ongoing rally towards the final wave of third wave micro degree this rally may continue up to 2,800 area before reacting again on the upper bound channel then a corrective pattern will follow, will update my idea on a bearish side once we hit the target around 2,800 area.
Trade closed manually
Bearish momentum at max after reaching peak. second entry for long was cancelled. will publish updates soon.
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.
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.