The price of XAUUSD(Gold) is currently in an uptrend. If the price manages to break out of this zone again, we could potentially witness further continuation of the price rise, possibly up to 0.64255.
Trade active
I apologize. In the analysis description, it states that the price could reach 0.64255. However, the correct value to be written is 1911.71Trade active
After the price reached 1908.12, I decided to set a break-even, stop loss at the entry point. Now we have a risk-free trade.Trade closed: target reached
The breakeven point has been hit. I set the breakeven when the price reached 1908.12. However, if you didn't place a stop-loss at the entry point, you have now secured your profits.
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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.