XAUUSD trendline
Last week XAUUSD bullish trendline was broken.
The price is now at interesting level, close to historical resistance levels.
RR 1:almost 3
The price is now at interesting level, close to historical resistance levels.
RR 1:almost 3
Note
Price went down 10+ points. Very interesting price action, SL tested twice but never reached.
SL moved to BE right now because I don't won't to risk another bullish move.
Chances are still in the favor of TP being hit.
Trade closed: target reached
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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.