Mahtab_Tradia

XAUUSD Ready To Rise

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
We saw a strong uptrend for XAUUSD in the last week.

There was an upside breakout on the resistance level at 1843 and candles closed above it. Now it has turned into a support level and price has pulled back to it and pushed to the upside.

CCI shows a positive divergence: Although price has made a lower low, CCI has made a higher low

IF candle closes above 1852 in the lower timeframes like 15min, we can enter long with targets at 1860 and 1875.
Comment:
First TP at 1760 Reached âś…

50% Partial Exit âś…

Shift SL To Entry âś…

Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
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.