Xauusdtrade
XAUUSD-Gold 170 Pips Swing tradeXAUUSD
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⏳1 Hour chart
🎲 Swing trade
⛳️Bullish entry
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Detailed analysis 💬
1️⃣ Lower trendline acting as major resistance
2️⃣ 1880.00 Key reversal area
3️⃣ Positive risk sentiment, Vaccine news, Selling off GOLD
4️⃣ 1850.00 Dynamic support and resistance
5️⃣ 1800.00 Lower side target
6️⃣ 1880.00 POC-Volume area
7️⃣ Technical support - Bearish
8️⃣ 1828.00 will acted as key reversal-bearish
9️⃣ GOLD is trading within a channel
🔟 Possible swing target-1850.00
#️⃣ Overall long-term trend- Bearish
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Bullish entry #gold #xauusd
Entry price -1828.00
Take profit 01 - 1838.00 (100 Pips)
Take profit 02 - 1850.00 (170 Pips)
🚫 Stop lose 1822.00 ( 60 Pips)
⬆️ 1.2% Growth expected
⤴️ Account growth .33 : 1.2
✅ Risk reward ratio 1 : 3.6
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XAUUSD, WILL WE REACH THE 2000's?**ENG**
- Once again gold is reaching our 1980's mark, as always, if price breaks this are and maintains itself on top of the 1980, we would aim for the 2000 target, however, since price is super slow right now, we recommend you to wait for an impulsive break.
**PT**
- Mais uma vez o gold está a atingir o nosso target dos 1980, como sempre dissemos até agora, se o preço efetivamente quebrar os 1980 e se manter em cima desse mesmo nível, esperamos um movimento até aos 2000, no entanto, devido à baixa liquidez do par, recomendamos aguardar por uma quebra impulsivas, caso contrário poderá ser apenas um fakeout!
Gold correction FALL OR FLYHere in GOLD we have two positions & possibility of once more falling. IF it falls then we take full profit till its strong support & buy from there & if it gonna break its resistance we gonna just buy it according to Analysis.
According to FUND news gold is in correction & will fly but one more sell is considered this week due to some US economy strengthen...
I HOPE THIS HAS GIVE YOU SOME IDEA ABOUT GOLD
hope the best.
Time to book our profits!Ok, guys, now I’m out of GOLD! I told you that I would only sell my position if it closes under the “support zone”, which it did today, and I booked some profits. I should’ve sold it near the black line, but I took my chances here, since I’m in a winning streak from my previous trades with cryptos and oil. If you missed any of these analyses, or my previous GOLD analyses, the link to them are below, as usual.
Also, you are invited to follow me to keep in touch with my trades and analyses. But GOLD may be only doing a pullback to the 21 ema again, if you look at the daily chart here:
If that’s the case, I’ll look silly, yes, that happens. But don’t matter anymore, I’m out, and I’m seeking another opportunity. Stick around for more updates!
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped.
Thank you very much.
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