XAUUSD long opportunity to counter short term trend and follow long term swing trend.
1) RSI at oversold zone.
2) price hit trending channel low.
3) Price is at the lower channel of BB.
4) price has retraced back to 50% of long term bullish weekly trend.
5) SL will be below 1814 and TP1 at around 1900 area
1) RSI at oversold zone.
2) price hit trending channel low.
3) Price is at the lower channel of BB.
4) price has retraced back to 50% of long term bullish weekly trend.
5) SL will be below 1814 and TP1 at around 1900 area
Trade active
congrats who are in this trade. we are over $40+, another $40 to go. do take some profit as we are heading to volatile weeks ahead.Trade active
$1877 now... still have more $23 to goNote
U turn back up on lower channel... chance to continue to move into $1900
Trade closed: target reached
Congrats! total of $80 in the pocket can gold still moving up in the verge of long withstanding war. Took a huge portion of profit and leaving 5% to run for hedging purposes in future.
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.
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.