CollegeofPips

Gold Getting Prepared to Reach the 1890.95 Level πŸš€πŸš€πŸš€

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ’‘ Trade Idea

πŸ“ˆ Buy Limit XAU/USD @ 1862.41

🎯 Target Profit 1890.95

πŸ›‘ Stop Loss 1848.13

❌ Do not risk more than 1 % of your account on each trade

πŸ™‚ Good Luck !

Description:

The price was in a clear downtrend until it reached the daily support @ 1822.90 by posting a double bottom which might lead to a reversal. A lower correction might be seen to the neckline before the price move upwards to the 1890.95 mark.
-------------------------------------------------------------------------------------
Please press β€œLike” if you appreciate the trading idea πŸ‘
β€œFollow” for more trading ideas in the future πŸ‘€
β€œComment” below to share your thoughts with us and other traders πŸ‘₯
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by β€œcollegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.