XAUUSD has a one month sideways movement since early of August.
That is after 5-months down trend which has also quite a long time ( two months) sideways movement since April.
So both are telling you a truth, a battle between buyers and sellers before a new trend could take a really long time. And during that time, you could probably lose your all bullets if you dont know how to trade.
XAUUSD now is at the bottom with sort of support sign on daily chart. If it can make it back to the top which also retouch the channel, it will have decision to make. Either breaking up to reverse or down again to break 1100.
Less is more!
That is after 5-months down trend which has also quite a long time ( two months) sideways movement since April.
So both are telling you a truth, a battle between buyers and sellers before a new trend could take a really long time. And during that time, you could probably lose your all bullets if you dont know how to trade.
XAUUSD now is at the bottom with sort of support sign on daily chart. If it can make it back to the top which also retouch the channel, it will have decision to make. Either breaking up to reverse or down again to break 1100.
Less is more!
Trade closed: target reached:
TP1 hit with 110 pips.
Comment:
Trade closed: target reached:
TP2 hit with 190 pips.
Comment:
Comment:
Gold HIT THE CHANNEL NOW.
And we still keeping our profit trade with 1/4 size left.
And we still keeping our profit trade with 1/4 size left.
Trade closed: target reached:
All tps hit with 290 pips.