Stargazer_fx
Long

GOLD | Triangle breakout on Upside, BUY on pullback

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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GOLD
The price had a breakout on the upside of the triangle pattern ,the price has been following the uptrend channel ,wait for the price to make a pullback or retest the level and if price gives any bullish signal,look for buy setup,and if price falls to the Support/resistance level we can look for BUY setup if price gives us the opportunity..
In case,If price strongly breaks below the support level then don't take entry and wait for another opportunity..


For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Comments

XRP-RIPPLE A VERY IMPORTANT factor that people are over looking, This is a market makers dream
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great ideas
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here is what I will be monitoring at the moment on xauusd
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Stargazer_fx transparent-fx
@transparent-fx, great,
Thankyou for sharing
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