Following our previous Gold analysis, now we can see, that the resistance trendline has been broken. Currently XAUUSD has pulled back significantly, which we believe is a very good price for the buyers.
Trade active
So far looks great, yet we must be ready for a pullback.Note
Soon our target should be reached. What is important is to watch the price action near our resistance. Trade active
We are getting close to our upside target. Partially profit can be fixed, but stop loss definitely moved to the break even level. Now enjoy the free rideTrade closed: target reached
Finally GOLD hits our Target!
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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.
Related publications
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.