TradingView
FXTurkey
Nov 23, 2020 6:55 AM

XAUUSD Long Term View 

GoldOANDA

Description

1860 level is holding for a loong time now. But price keeps pushing into it and may eventually break it. If the level is violated the target will be 1750 level which is the next support.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.

Comment



Price is consolidating after the first breakout. Next breakout will take the price to the target of the analysis which is 1750 level.
Comments
ProjectSyndicate
I agree with your outlook, seems reasonable!
More