Gold Spot / U.S. Dollar
Long
Updated

XAUUSD Possible New uptrend on Daily Chart

154
1. Momentum towards upside and creating a new uptrend on the Daily timeframe
2. Meet my trading rules/setup for Long. But Weekly Chart is still in a downtrend

Blue Arrows indicate my expectation for the movement of the price action.

Lets hope it works out. if not its just another trade.

Cheers.
Note
Pending Order was triggered yesterday. Reset my Profit Target at the Weekly Structure for 3R.
Note
price is just a little away from my SL. #justanothertrade

this is why, we need to ensure that, we lose small but win big in order to tilt the odds in our favour.

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.