TeconLab_S1 XAUUSD Bullish

Dear Traders,

The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs.

Our latest analysis of XAUUSD (Gold) indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly.
If the trendline breaks to the upside, after it retest the trendline we get the second long position and hold it for the second take profit.
Then we wait for the drop near wave 4 and take the third position and wait for the third take profit.

We are optimistic this innovative approach can deliver strong profits with high accuracy.
Your likes and feedback provide valuable motivation as we continue improving our models.

Current pairs under research include:

AUDUSD
EURUSD
GBPUSD
NZDUSD
USDCAD
USDJPY
USDCHF
EURGBP
GBPJPY
XAUUSD (Gold)

Please let me know if you have any other suggested pairs for analysis. We aim to provide actionable insights that can drive improved trading performance. Thank you for your interest and support.

Regards,
The TeconLab Team

Comment:

I should admit that the stop loss was very near and hopefully was not triggered. The entry point was just reached now.

Our system is still in training and adjustment.

In the future, the accuracy for the entry point will certainly be more precise.
Waiting for the next upward movement to move the stop loss to the enter point.