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XAUUSD H2: TP BULLS 1855 USD BEST level to BUY/HOLD GOLD (SWING TRADE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I expect GAINS until 1850/1855 USD
🔸 Summary and potential trade setup
::: XAUUSD 2hours/candle chart review
::: updated/revised outlook
::: strong bull run / pump in progress
::: accumulation in progress right now
::: expect slow range bounce price action
::: previously strong uptrend / bullish impulse
::: off the triple bottom formation
::: BULLS wait for a better price now to BUY
::: 1785 range lows 1770/1775 premium prices
::: 1810 range highs 1815/1820 premium prices
::: BULLS should focus on buying dips 1770/75
::: best reload BULLS is near 1770/1775 USD final TP 1855
::: strong bullish impulse in progress so bulls
::: BULLS maintain in control after recent PUMP
::: short-term range bounce price action / SLOW
::: then expecting REVERSAL get ready to BUY LOW
::: LOW risk strategy BULL: BUY LOW near 1775 USD
::: TP bulls is TP1 1825 USD TP2 is 1850 USD
::: BEST/recommended strategy: see above BUY LOW
::: slow market so you have to be patient
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1775 USD fresh demand zone
::: 1850 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/1775USD
::: Sentiment mid-term: BULLS/REVERSAL/1850USD
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.