Get started
TB305

LONG on XAU/USD

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
TB305  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Supply and Demand Candlestick Analysis Gold XAUUSD buy buysignal support
2
2
supportandresistance supplyanddemand candlestick gold xauusd buy buysignal support
Price for gold is currently consolidating in a major support zone.

I am expecting price to break out of support and head back to resistance.

Here is the play I will be taking on this pair:

ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1812.44
STOP LOSS = 1804.55
TAKE PROFIT = 1828.64
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.