XAUUSD bullish upon holding the MA50 (1h). Targeting 2720.
Gold is trading inside a Channel Up and is currently on the new bullish wave.
Today it held the MA50 (1h), which is a strong bullish sign that the wave will continue to a new higher high.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2720 (the 1.618 Fibonacci extension).
Tips:
1. The RSI (1h) is forming the exact same pattern as the previous bullish wave, currently following the January 7th structure.
Please like, follow and comment!!
Notes:
Past trading plan:
Today it held the MA50 (1h), which is a strong bullish sign that the wave will continue to a new higher high.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2720 (the 1.618 Fibonacci extension).
Tips:
1. The RSI (1h) is forming the exact same pattern as the previous bullish wave, currently following the January 7th structure.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.