Hello Traders,
Today we are looking for buys on gold (XAUUSD) since we have a really strong bullish trend within the higher timeframes as the lower timeframes. Buys above 1990 like i mentioned it. The idea behind this trade will be the 4h candle closure above the resistance and closing a 1h candle without a wick on the downside. This tells me the markets wants to go further to the upside.
BUY XAUUSD
ENTRY: 1990
SL: 1988.50 (15PIPS)
TP: 2000 (100PIPS)
Today we are looking for buys on gold (XAUUSD) since we have a really strong bullish trend within the higher timeframes as the lower timeframes. Buys above 1990 like i mentioned it. The idea behind this trade will be the 4h candle closure above the resistance and closing a 1h candle without a wick on the downside. This tells me the markets wants to go further to the upside.
BUY XAUUSD
ENTRY: 1990
SL: 1988.50 (15PIPS)
TP: 2000 (100PIPS)