Possible trade idea 💡: Gold or XAUUSD has been on a bullish or buying run since the past month we have seen this pair break record high and shows no sign of slowing down. Gold recently broke out of the symmetrical triangle I am going to wait for a pull back around past resistance which is now support or to the trend line which is now support. 🚨
Buy this pair for London session then wait for rejections at last low or trend line to short during New York session
Bottom of down channel this is very easy to trade (short term buy)
Looking to sell this pair because of break and retest of structure lets see how this one goes
As said before market broke structure on m15 tf we saw a bullish push and now we've retested that structure on H4 tf and also seen a great reaction and a momentum shift.
Price has been making a bull flag also I saw a break of structure on M15 tf so I am going long to target top of zone.
Based on a daily standpoint we've Broken a key support area. From this we've seen that this support area has been acting as resistance for the past couple of days I will short this and hold for the week on my small account.
we hit a major resistance level and might head down I'm targeting h4 last resistance