XAUUSD-Gold 170 Pips Swing trade
Updated
XAUUSD
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⏳1 Hour chart
🎲 Swing trade
⛳️Bullish entry
—————-❇️——————-
Detailed analysis 💬
1️⃣ Lower trendline acting as major resistance
2️⃣ 1880.00 Key reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off GOLD
4️⃣ 1850.00 Dynamic support and resistance
5️⃣ 1800.00 Lower side target
6️⃣ 1880.00 POC-Volume area
7️⃣ Technical support - Bearish
8️⃣ 1828.00 will acted as key reversal-bearish
9️⃣ GOLD is trading within a channel
🔟 Possible swing target-1850.00
#️⃣ Overall long-term trend- Bearish
—————-⚜️——————-
Bullish entry #gold #xauusd
Entry price -1828.00
Take profit 01 - 1838.00 (100 Pips)
Take profit 02 - 1850.00 (170 Pips)
🚫 Stop lose 1822.00 ( 60 Pips)
⬆️ 1.2% Growth expected
⤴️ Account growth .33 : 1.2
✅ Risk reward ratio 1 : 3.6
—————-⚜️——————-
*********
⏳1 Hour chart
🎲 Swing trade
⛳️Bullish entry
—————-❇️——————-
Detailed analysis 💬
1️⃣ Lower trendline acting as major resistance
2️⃣ 1880.00 Key reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off GOLD
4️⃣ 1850.00 Dynamic support and resistance
5️⃣ 1800.00 Lower side target
6️⃣ 1880.00 POC-Volume area
7️⃣ Technical support - Bearish
8️⃣ 1828.00 will acted as key reversal-bearish
9️⃣ GOLD is trading within a channel
🔟 Possible swing target-1850.00
#️⃣ Overall long-term trend- Bearish
—————-⚜️——————-
Bullish entry #gold #xauusd
Entry price -1828.00
Take profit 01 - 1838.00 (100 Pips)
Take profit 02 - 1850.00 (170 Pips)
🚫 Stop lose 1822.00 ( 60 Pips)
⬆️ 1.2% Growth expected
⤴️ Account growth .33 : 1.2
✅ Risk reward ratio 1 : 3.6
—————-⚜️——————-
Trade closed: stop reached
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