Hosseinpro

Hosseinpro

In the one-hour chart, gold is bullish. The price after breaking the resistance area(2515_2519), closed up of there. Now we are seeing a pin bar candle on the one-hour chart that means, the price could not break the trend. The first target is 2529 and the second one is 2540. What is your opinion?

Hosseinpro

I opened my position(BUY) at point 2473 after seeing some signs in candles. I have saved the halfe of my order after 100 pips that was my first target(2485) and then the next target can be 2493. In my opinion, it will be hard to break the resistance area(2493_2500). We will wait,what will happen in those area.

Hosseinpro

The Gold is falling in 1H chart but has some support area in its way. In my opinion, if XAUUSD came to the major support area( 2480_2485) and illustrated some signs that the price is coming up, we can buy XAUUSD again and the next goal can be 2540.