forextamil
Long

XAUUSD: Oscillation can challenge the Sellers'.

FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD upward slanting trend ready to challenge the Sellers'. In a daily time-frame, If the pair raise after the 1247.65 may highlight the price ranges 1259.70 & 1270.55. However, the1280.98 resistance-zone may confine the pair's further upside. In this case, the 1280.98 will be the next target for the price range.

On the contrary, decline after the 1230.64 might target the one-month-old low 1191.53 if it reversed from the current trend the support-zone has to tackle 1191.53 Or else, end the trade @ 1191.53.

Signal Specification

BUY

Entry: 1247.65

Tp: 1280.98

Sl: 1191.53

P.Buy: 1230.64

R/R: 1.29

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Happy trading.

Trade active: XAUUSD successfully yet to hit the target. In the daily closings, the pair striking its whole potential to the top. It already fetched 45 green numbers, wait for the whole gain or else close the trade. You're in profit.
Comment:
Trade closed: target reached: As I Mentioned earlier, the XAUUSD flawlessly reached the target. In the daily closings, the pair fetched 50.34 whole pips. Hereafter, I'm expecting a reversal around 1303.03 so traders close the trade. We already made 50.34 whole green pips.

Happy trading.

Comments

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