GOLD daily update
Hi fellow traders, As you can see here we have a breakout here in daily chart of XAU/USD.
Parabolic SAR also shows a downtrend which can be useful in out analysis. If the gold candle close below the 1920.8(the yellow line) I would go for a short position.
Entry: close below 1920.8
TP-1, TP-2: the two blue lines(powerful supports)
SL: maybe about ~1945
DON'T enter the trade before the close.
what's your opinion? please like and comment!
Parabolic SAR also shows a downtrend which can be useful in out analysis. If the gold candle close below the 1920.8(the yellow line) I would go for a short position.
Entry: close below 1920.8
TP-1, TP-2: the two blue lines(powerful supports)
SL: maybe about ~1945
DON'T enter the trade before the close.
what's your opinion? please like and comment!
Trade active
as we opened our trade in 1915 I still expect the 1902 level
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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.