XAUUSD (GOLD) - Long Idea
I see an opportunity on Gold. I see a 1 hour trend line break, Price Action settling into previous support, MACD divergence (Bullish), a double bottom forming (unconfirmed yet) on the 1 hour, 4 hour high wave candles, doji, engulfing candles. I also see downside in the S&P500, while I don't often trade fundamentally, that puts upward pressure on Gold (safe haven "Risk-Off" mentality)
Trade closed manually
I manually closed these positions, well into profit and avoiding weekend. -Happy Trading!
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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