After a strong rally from 1461 Level, XAUUSD is now consolidating inside the Bullish Flag as I have indicated in the chart.
Based on the price action, Buy trades placed when price touches the lower TL of the Bullish Flag could be a good idea.
So, I am looking to go long at 1574-1584 with SL below 1550. TPs will be placed at 1610 and 1650 respectively.
Based on the price action, Buy trades placed when price touches the lower TL of the Bullish Flag could be a good idea.
So, I am looking to go long at 1574-1584 with SL below 1550. TPs will be placed at 1610 and 1650 respectively.
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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.