XAUUSD : Double Bottom Formation , waiting for entry point.
as you can see we have a Double Bottom Formation on Gold's 4H chart and breakout from neckline. Wait for pullback in H1 or M15 chart and enter long position with better Risk/Reward ratio, our target is around 1897.00 and stop should be below neckline.
Please like and Let me know if you have any questions, comments or observations, thank you.
Please like and Let me know if you have any questions, comments or observations, thank you.
Trade closed: target reached
target hit , 2000 pips profit!
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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.