XAUUSD LONG - Looking to catch a continutation on tuesdayHello everyone!
XAUUSD
BUY LIMIT @ 1764.79
Stop Loss: 1757.09 (Add Spread)
TP 1 (1R): 1772.49 (Scalp TP or 20% partials & Stops to BE)
TP 2 (3R): 1787.88 (30%)
TP 3 (5R): 1803.28 (30%)
TP 4 (10R): 1841.77 (30%)
Explanation: Looking for price to continue to the upside as a continuation of last weeks price action, will only be looking to enter on Tuesday after some sort of testing action confirming support on Monday in the form of a Break of Structure around the Limit Area.
Goldtrain
gold forecastgold in a clear bear market on higher timeframe (daily) hh and ll. i see a 5th impulsive wave down coming i wanted a rejection at 1210 if we have a weekly close above this level i expect gold to go to 1245 as this will be a 2nd trendline rejection its also a weekly key level that the 61.8 fib sits on this is my next strike area if 1210 is violated.