Trend Following !
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XAU\USD price still in a strong bearish movement as we can see price is making a clean lower lows and lower highs.so for now we will be searching for sell setups as a trend following, unless price decide to take over and go for the next resistance zone as marked, lets take it step by step
in a bearish movement looking for sell, untill price reaches 1700 we will be looking for buy setups as a full reversal, untill that we are still bearish.
TRADING IS REACTIVE NOT PREDICTIVE.
and as usual follow your trading plan and manage your risk.
Be patient and good luck! .
XAU\USD price still in a strong bearish movement as we can see price is making a clean lower lows and lower highs.so for now we will be searching for sell setups as a trend following, unless price decide to take over and go for the next resistance zone as marked, lets take it step by step
in a bearish movement looking for sell, untill price reaches 1700 we will be looking for buy setups as a full reversal, untill that we are still bearish.
TRADING IS REACTIVE NOT PREDICTIVE.
and as usual follow your trading plan and manage your risk.
Be patient and good luck! .
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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.