Gold Spot / U.S. DollarUpdated Bullish 2.00 Extension
Bullish 2.00 Extension appearing on a 15m chart of XAUUSD
The chart reveals a potential emerging trading opportunity.
Will be trying to buy this market with a limit order at the 0.236 level after testing the 0.618 level plotted on chart.
Stops will be at prior lows with profit target sitting at prior highs. Will be moving stops to break even after a 2nd attempt at the 0.618 level. Additional profit targets sitting at 1.272 and 1.618 AB extension.
Good luck to everyone trading gold!
The chart reveals a potential emerging trading opportunity.
Will be trying to buy this market with a limit order at the 0.236 level after testing the 0.618 level plotted on chart.
Stops will be at prior lows with profit target sitting at prior highs. Will be moving stops to break even after a 2nd attempt at the 0.618 level. Additional profit targets sitting at 1.272 and 1.618 AB extension.
Good luck to everyone trading gold!
Note
Update:Trade active
buy limit pending!
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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.
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.