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Mahtab_Tradia
May 17, 2021 1:35 PM

XAUUSD Ready To Rise Long

Gold/U.S. DollarFXCM

Description

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 ✅

50% Partial Exit ✅

Shift SL To Entry ✅
Comments
UnknownUnicorn11430563
I see same thing. My idea for this is target 1900. Maybe higher. Nice job always! 😊
jibreelmusa95
@PuckBunny, I want you to teach me trading pls,DM me on +2348061694887
UnknownUnicorn11430563
@jibreelmusa95, thanks but I can’t able to. I do not have much time with young baby and husband and work too. But you pay close attention to Mahtab_Tradia and you will be going very far! Promise! She is one of best or best analyzer on tradingview.
mohsinmukhi
@PuckBunny,
Agreed
She is too good
Dedicated to Her analysis
ak97b
I had a fantastic ride on Gold the past 2 weeks. Entry: 1792 Exit: 1837 then Reentry: 1834 Exit: 1869. There's a major resistance ahead @1869-1874. Although I expect Gold to push through to 1900, this is the first time in 4 months that we are at this level. So there is a strong possibility of a pause at the 1869-1874 level followed by a very short consolidation. A clean break past 1875 brings 1900 and susbsequently 1950-1960 levels on the table. Good luck everyone!
Mahtab_Tradia
@ak97b Thanks for sharing your valuable info 🙏🏻
StaroftheElliot
in contrast to your analysis, I predict fall in gold by elliot
pouyantrade
thanks Mahtab, but are You sure about it?
Mahtab_Tradia
@pouyantrade We can never be sure! but I think it can touch 1860 at least
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