Gold Spot / U.S. Dollar
Long

GOLD / XAU USD

179
29 -July - 2021


XAU USD

Using MA to confirm the bullish trend on higher YF, on monthly / weekely / daily

After after I know the trend I will analyse the candlesticks and formations on higher and lower TF.

I see two trading ideas.

If the price will be rejected from ~ 1823.524, I will be a seller but not for long time.

Hit the profit and exit this trade.


Most realistic scenario is the bullish scenario.

If the price will over 1823.524, i will be the buyer, I wait to confirm that posibility and go long



Please be free to use personal money management.

For any details or questions, please DM !

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.