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Oct 19, 2022 4:30 PM

XAUUSD Bullish retracement for D1 Long

GOLD (US$/OZ)TVC

Description

Hi traders,

Although we are holding XAUUSD/ Gold short positions from our previous analysis, we see an opportunity to long the pullback formed by a completed ABCD bullish trend hike considering that we are currently oversold on the lower timeframes. We have been selling to 1628 on the lower timeframes and see an opportunity to take advantage of this pullback. Please share your thoughts.

Discalimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.

Trade closed: target reached

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Take all profits
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