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XAUUSD H8: PT 1790/1800 USD trade plan SL/TP(NEW)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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XAUUSD H8: PT 1790/1800 USD trade plan SL/TP(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XAUUSD 8hour chart review
::: strong chart, BULLISH outlook
::: currently re-accumulation
::: short-term target is 1790/1800 USD
::: HOWEVER 1790/1800 USD is FRESH SUPPLY
::: so expecting pullback / throwback into range
::: US Stock market correction 30% up next
::: Gold should benefit from the sell off
::: Recommended strategy: MARKET BUY (higher risk)
::: TP bulls is 1790/1800 USD
::: Lower risk strategy: wait for pullback from SUPPLY
::: BEST reaload BULLS is range lows near 1680 USD
::: MID-term PT upgraded to 1900/2000 USD (10 weeks)
::: If you are BUY/HOLD trader just accumulate in range
::: after the pullback. and you will make money
::: BUY gold from my level and make money
::: good luck traders
::: SL below range lows for swing traders
🔸 Supply/Demand Zones
::: HEAVY FRESH supply at 1790/1800 USD
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLISH
MT4/MT5 SCANNER FX/CRYPTO/US SIGNALS SL/TP
https://THESYNDICATE.LIVE
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

thanks for this! Agree with your bullish bias, we could be seeing more upside as price is still holding above its trend line, here's my view on XAUUSD:
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have a nice day everyone
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if you got any other info also feel free to post it up
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please share your feedback / thoughts / ideas / requests in this section
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hey guys how are you doing
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