forextamil
Short

XAUUSD: TIME FOR TECHNICAL TRADE-BULLISH.

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

The XAUUSD is one of the most traded pair in the forex market.

In a 4hr time-scale, candles formed an impulse at 1300.654 and turned the trend to down. (shown in the graph)

After the impulse, the signal tends a solid descending channel correction (shown in the graph)

At 1254.154, the chart printed a potential impulse and broke the channel trend. (shown in the graph)

Currently, the market printing candles at 1257.752.

From this price action, there is a chance for two probabilities.

The signal may print an impulse for a direct projection to the top. (shown in the graph)

Or else it will form a small correction and an impulse to top. (shown in the graph)

In case the signal keep moving as a correction to the down means, end the trade at 1246.567

EYES ON CHART AND DECIDE YOUR TRADE.

SIGNAL SPECIFICATION:

Pair: XAUUSD

Order: BUY

Entry: 1257.752

Take profit:1277.875

Stop loss: 1246.567

Risk Vs Reward: 1.8

Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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How do i recieve your Analysis via Email? My email is mashudum91@gmail.com
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forextamil MashuduBlessingMadavha
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