Xausd
Banked 640+ Pips and Proof Attached, And What's Next? Welcome to Profitlio Trading!
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Expecting a little correction with the Ascending Channel price has printed. We have a major Resistance as I have highlighted on 1738 Level. Proof attached below for the 640+ Pips trade. We bought since 1675
We are holding our Buying positions since 1675! Floating in a super profits. My team and followers enjoying it. Reach me on Chat for more details!
Analysis: Gold is completely bullish I witness a perfect 50% fib retracement. And It shows nice moves within weekly and daily support it has formed on the structure. Sketch up your own trade setup before you take off. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
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XAUUSD Updated!Hi Traders, here is the full Update Analysis / Breakdown for XAUUSD .
Keep this pair on your watch-list.
Conditions -
1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change )
2.Use Risk Management (Risk 1% of your capital)
3.Do your Own analysis!
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Gold trade idea(1hr)Congrats on previous sell .. Still Gold continue following the bullish trendline religiously as we await a break soon.. So we see a buy short to resistance/top trendline then following a long sell long back to supports/bottom trendline..Make use of your sell limits with due respect to chart idea NB; As long as neither trendlines broken follow analyses. Please comment, like and share your ideas on this particular pair too. thanks!
XAUUSD (GOLD) SHORT SELL*ATTENTION*
Good Risk Management due to its volatility.
So just looking at the chart above i can see a nice head and shoulder formation happening here.
Overall Trend is going upwards.
Looking to catch head downwards and the right shoulder upwards.
if this head works out analysis on the right shoulder will be followed on.
What's your thoughts on the Gold Market ?
Comment below what you think!!!!