I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For XAUUSD
The Best way to follow my Analysis is if the following conditions apply.
Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk! &. Plan Your Trade & Trade The Plan!
Let Me know if you have any Questions or Comments Below! Negative Or Insulting Comments Are Not Welcome
The bullish channel seems strong with at least four touches. I suspect the price might be above the Ichimoku cloud, which is a sign of bullish momentum. Let's see how the price reacts on the upper part of the pattern as it approaches it. Nice analysis!
Global_Fx
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@FXCM thanks! i hope to see my target reached in the future, Goodluck!
KEV911
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Is your trade active
Global_Fx
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@KEV911 not yet, you can refer to the info above for confirmation for entry