XAUUSD (Gold) Bullish Scenario
Updated
We got 2 consecutive wins from Gold buying. Now again it is preparing itself for another bullish move. For this Bullish Move we need to consider the following points.
If the price forms a pattern nearby the daily Level / Trendline, it will be a sign of another up move which may cross previous week High at 1452.70
Stay tuned for Signal while the post will be updated.
- We will think for buying if the price Touch the trendline.
- We will think for buying if the price forms a candlstick pattern on H4 chart nearby the daily Level at 1427.
If the price forms a pattern nearby the daily Level / Trendline, it will be a sign of another up move which may cross previous week High at 1452.70
Stay tuned for Signal while the post will be updated.
Note
Trade confirmation is preparing... We will Closely watch Gold.Note
SignalBuy Stop @1430
SL 1420
TP 1450
My each risk is 2% of my account.
My lot size for this trade 0.03
Risking pips 100
Rewarding Pips 200
patience is necessary.
Order cancelled
Order Didn't triggered. I cancelled it as it is no more valid. We will see for another bullish opportunity in Gold.
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