XAU/USD BUY IDEA (R:R=5)

120
Buying XAU/USD now. I placed a buy earlier at $3,015. Just got a stronger confirmation due to it breaking above PIVOTAL area. It also just took out the A on the down Fibonacci sequence on the 15 minute TF. With all the fear that's present in the market right now due to President Trump's tariffs. GOLD will continue to climb even higher.

Tariffs on China set to rise to at least 104% on Wednesday, White House says

Stop Loss is: $2,900
Please move to break even once price reaches $3,175

1st Target: $3,400
2nd Target: $3,800


Happy trading! :)

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.