forextamil
Long

XAUUSD: Flying Far Away !!! Buyers Dominance.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

XAUUSD propelling the price range to the top. In 4hr time-frame, the pair all set to take a flight, the pair seems to fly higher as an Impulse from the current price zone.

The price movement probably in Two ways;

The pair may reach the 1235.519 as a direct Impulse

Or else, an Impulse with correction and back to the 1235.519.

On the contrary, any reversal from the current trend will threaten the buyers invade In this case any reversal happen means wait for a throwback action on or before 1218.608 or else end the trade @ 1215.188.

Signal Specifications

Entry: 1223.710

Take Profit: 1235.519

Stop Loss: 1215.188

R/R: 1.39

Happy trading

Hit like, comment and follow for more updates.

Trade closed: stop reached: Buyers' invade restriction pulled the price range towards down. Trader's end the trade, our losses were our first step for success.

Hope is the choice while trading.

Comments

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