Buy XAU
Updated
M: Uptrend respecting the lows
W: Uptrend respecting the lows
D: Downtrend. Retraced to 61.8, hit -27, three times, making a support zone.
4H: Uptrend; hit -27 and retraced back down to 4h trendline
1H: Uptrend, retraced to 38.2 on 1H fib
CURRENTLY:
I am looking to see if price will break and retest resistance, then trade the buy up to -27, which is at a previous resistance area.
(~200 pips)
W: Uptrend respecting the lows
D: Downtrend. Retraced to 61.8, hit -27, three times, making a support zone.
4H: Uptrend; hit -27 and retraced back down to 4h trendline
1H: Uptrend, retraced to 38.2 on 1H fib
CURRENTLY:
I am looking to see if price will break and retest resistance, then trade the buy up to -27, which is at a previous resistance area.
(~200 pips)
Trade closed: target reached
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.