MMBTtrader

XAUUSD touch channel and will grow

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Green path :Gold is in an important and strong support from 1.daily support and 2.trendline so we would expect at least some reversal candle and gain in price to our first target
Target :1750(why? beacuse as you can see it is resistance and trendline will push pressure to it on that area too )

Red path :we expect gold don't fall any more from that green zone because we talk about the importance of that zone and if it break and retest get completed then the market will get mad new channel reach too and bullish candle will lead market for long time

some previous analysis are :
and ..

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached: 1750 touched
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Comments

Completely agree. Great work as always, mate ;)
+1 Reply
MMBTtrader StevesTradingV
@StevesTradingV, thanks a lot bro
Reply
high reward and thanks for sharing
+1 Reply
MMBTtrader otaku-trader
@otaku-trader, thanks a lot bro
Reply
looks good....might test lower low of 1667 first, then rise
+1 Reply
MMBTtrader j9productions
@j9productions, thanks an lets see
Reply
Looks like a winner🔥
+1 Reply
MMBTtrader FieryTrading
@FieryTrading, thanks bro
Reply
great set up
+1 Reply
MMBTtrader Fisher_Fx
@Fisher_Fx, thanks a lot bro
Reply
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