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Gold Spot / U.S. Dollar
Long

XAU/USD 24.08.2023 long

By NeptenFX
Updated
XAUUSD

Hello traders,

Currently, I am actively seeking buy positions on XAU/USD (gold) for the New York session. The market is currently displaying strong bullish momentum, possibly influenced by a weak dollar.

However, it's important to be cautious and mindful of news events that might occur during the New York session, as these events can lead to increased volatility and impact the market.

As always, ensure you have a clear trading plan, use proper risk management, and stay updated on news developments. Best of luck with your trading endeavors!
Trade active
My position is now active
Comment
sl at 1914
Trade active
Entered a new position
Comment
We have now seen a rejection at the DXY 103.900 level, which provides more confirmation for me to stay in it and wait. Take profit would be around 1922
Trade closed manually
50 pips profit finished for today
Trade closed: target reached
If you are still in I would now close I think its the max. for today
Chart PatternsFibonacciGoldLONGTrend Analysis
NeptenFX
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