XAUUSD LONG
Updated
Hello!
Welcome to another analysis of XAUUSD.
Price did not close below 1725 showing decline in selling pressure and strength of the bulls, signalling me to go long.
Market-BUY: 1728.20
Stop-Loss: 1721.20
Target: 1760
Stop-Loss: 47 pips
Risk: 1%
Risk-Reward: 6.70
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Welcome to another analysis of XAUUSD.
Price did not close below 1725 showing decline in selling pressure and strength of the bulls, signalling me to go long.
Market-BUY: 1728.20
Stop-Loss: 1721.20
Target: 1760
Stop-Loss: 47 pips
Risk: 1%
Risk-Reward: 6.70
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Trade closed: target reached
Resistance has proved strong. Exiting at that target.
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.