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Gold Spot / U.S. Dollar
Long

XAU/USD GOLD Buy

By Govv510
XAUUSD

Overall pic -

1. Daily was bullish.

2. 4hr in a range and just reached at the top of the range.

3. 1hr- closed a strong bullish candle.

4. 15m candle closed bearish creating a resistance.

5. Entered a buy when the new 15m candle broke the prev 15m candle high anticipating for the price to break the range and continue bullish with the London open Volume. Sl was placed below the previous 15m candle.

6. Price moved 34 pips. secured 6 pips.

Candlestick AnalysisforecforexeducationforexsignalsGoldgoldtradingMultiple Time Frame AnalysissignalsSupport and ResistanceXAUUSDxauusdanalysisxauusdlong
Govv510

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