XAUUSD TRADE IDEA
I expect the price to consolidate at its current 1798-1801 level before shooting towards the first strong resistance of 1810. a retest may
occur here back towards past resistance turned support 1800-1802 (baseline of inner channel), after which I am expecting further growth to 1816 at which
some consolidation may occur. the bullish inner channel will now be tested once gold decides to aim for the 1820-1830 area. Final destination at
1854 to complete upper trend line. here we may not now what gold will do.
ENTRY: 1800
TP:1854
SL:1790
pipsbagger
occur here back towards past resistance turned support 1800-1802 (baseline of inner channel), after which I am expecting further growth to 1816 at which
some consolidation may occur. the bullish inner channel will now be tested once gold decides to aim for the 1820-1830 area. Final destination at
1854 to complete upper trend line. here we may not now what gold will do.
ENTRY: 1800
TP:1854
SL:1790
pipsbagger
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.