XAUUSD Back on Bullish Trend | 30 April 2020
XAUUSD is back on bullish trend after a false double top pattern, we have found the bullish trend by RSI ascending trendline, Parabolic Sars as well as MACD. The final concern here is the bearish trendline in the chart. We are waiting for price to break out of the trendline where the 76.4% fibonacci retracement lies !
Entry: 1728.39
Sl:1718.78
Target:1775.49
Entry: 1728.39
Sl:1718.78
Target:1775.49
Note
Order cancelled
Order cancelled: Price dropped respecting the bearish trendline instead!
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
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.