XAUUSD - GOLD Two Scenarios - Thoughts?
Will it break 1795 or bounce off? that remains the question.
I have added a potential 1% risk long as I expect gold to bounce off 1795 and then go for the highs, however this is gold and if you have traded gold for a while you will know that it is tricky. I will look for wick confirmations (price action) before I enter my long or decide to short towards the lower levels.
Please like, share and comment - I am always happy to meet likeminded traders - Please check out my previous ideas.
Thanks
Will it break 1795 or bounce off? that remains the question.
I have added a potential 1% risk long as I expect gold to bounce off 1795 and then go for the highs, however this is gold and if you have traded gold for a while you will know that it is tricky. I will look for wick confirmations (price action) before I enter my long or decide to short towards the lower levels.
Please like, share and comment - I am always happy to meet likeminded traders - Please check out my previous ideas.
Thanks
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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.