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Xauusdlongsetup

XAUUSD to fly to 1847.34 🚀🤑Gold has been very bullish since we reached our demand 4hr zone 1780 a week ago. Now this XAUUSD is in a bullish trend, we've seen price break the structure of lower highs and trapping buyers early, on that pullback to retest support level 1825, which is also the level where the break of structure previously happened a few weeks back 1825. Proof of this, is my 16.8 fib extension golden zone, which is sitting exactly on that support zone 1825, our BOS level too. Waiting for price to drop a bit more, then will enter for buy to our 4hr supply level. Happy pip-holic!
FOREXCOM:XAUUSDLong
by AFTXAcademy
2
GOLD - Long Trade Setup - Follow Up Video - Inc Long Term View.In this video I go through the correction since 2011 and explain what we are currently looking at now. If you are finding it hard to work out this current pattern I do not blame you. According to AriasWave only certain waves can happen at certain times therefore narrowing down the options. I have linked the previous long trade idea below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
OANDA:XAUUSDLong
by AriasWave
1
Long XAU/USDYesterday I posted a short idea for XAU/USD, however because its been in a ranging environment last week, its difficult to really determine what the price will do next. So I thought I'd share an alternative bullish scenario. From a price action point of view, break of the recent high, double bottom and break through structure point to a bullish momentum as indicated in the chart. However, because of huge unexpected downward push on EUR/USD yesterday (30/04) and the fact that bulls are currently playing a tug of war on xau/usd, it makes me question if we're not about to be faked out before further collapse -> refer to the previous chart. Break from the ranging environment will provide an indication of what to do next. Which side are you guys on?
FOREXCOM:XAUUSDLong
by Katherineszew
3