Goldtradingidea
GOLD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSDCurrently Gold break above the 1480 very key level. We expect a huge upward move here now.
We can easily see that 4h re-test pin bar for entry the trend market.
However, if you miss that opportunity you can maybe wait for some 50EMA on 1h timeframe for a pullback to enter the trend market.
Our first target is 1532.360 and the second target is 1598.2
Good Luck!
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May we meet again.
-mecZpasha