XAUUSD Sell Outlook
We saw a large selllof from gold last week which was in line with our analysis. Last week i had a kind of expanding channel which i was for a gold sell on third touch which we got and now we inside another expanding structure for a continuation sell after our impulsive move to the downside.
Entry1: How am going to enter this trade is to take a risk entry on the third touch of the expanding structure to the previous low
Entry2 :wait for a third touch and then an impulsive move to the downside and then when we get a small flag on the 15 minutes chart ,put a sell order on the break of correction which we categorise as a reduced risk entry.
Entry1: How am going to enter this trade is to take a risk entry on the third touch of the expanding structure to the previous low
Entry2 :wait for a third touch and then an impulsive move to the downside and then when we get a small flag on the 15 minutes chart ,put a sell order on the break of correction which we categorise as a reduced risk entry.
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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.