the4amlifestyle
Long

XAUUSD Idea 29 Aug 2019

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
1) Bull market/ 1D Uptrend, 1H Bullish Flag
2) 1545, 50, 55 R Levels
3) Signals awaited:

->Release of a Trade-Negative Headline
->50% Retracement of 1H or 4H candle that closes on break of 1545 (conservative)
->Technical Confirmation of Bearish Exhaustion in 1530-1540 Area (aggressive)

Comments

good analysis
+1 Reply
the4amlifestyle pat_euarchukiati
@pat_euarchukiati, thank you
Reply
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