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KnightsofGold
Feb 25, 2021 11:54 AM

XAUUSD - 1H Levels - Buy idea Long

GoldOANDA

Description

We're waiting for the next candle to open and a retest of the 1784 level. We may test the long here back up towards 1797. All based on successful support below. Using a small lot here with a tight stop. If the level breaks the next support below is around 1772.

Trade closed manually

We closed out at 1788 based on price action on the lower timeframes. The 3min formed a reversal at that level
Comments
kennedysilah
Hello There, Can we wait Till the ISM Manufacturing PMI news are Out? we Can promise Good profit there since the ADP employment will be Out too, actually a day earlier
KnightsofGold
@kennedysilah, Hi, sorry for the late reply. We've only just seen your message.
Robster96
I'm going to short it at 1787.50. retest of trendline outbreak ??
KnightsofGold
@Robster96 sounds good. Wait for confirmation of resistance
ASFAND_GOLD
buying 1776
KnightsofGold
@ASFAND_GOLD that trade should come into play over night
kennedysilah
@ASFAND_GOLD we should Be patient I believe..There is more time and Heavy News are still on the way
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