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Jun 24, 2020 6:13 AM

XAUUSD might retest the trendline | 24 June 2020 Short

Gold/U.S. DollarFXCM

Description

XAUUSD is making new high but it is still respecting the ascending trendline . XAUUSD might reverse and retest the trendline where we could have a buy chance.

Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!

Trade active

price edging up nicely

Trade closed: target reached

Comments
RGpro
Thanks for sharing! It seems the TP was already touched a few hours ago followed by a sharp retrace to current 1766. Would your analysis still be valid (so that we should monitor entry opportunity around 1752)? Thanks again
FXCM
@GreenRoad, Hey TP hasn't been touched yet and we have already seen a pullback. Now still waiting for a deeper pullback...
michael20064real
Good one here.
nrmt2010
Great explanation and analysis. Have a nice day...
FXCM
@nrmt2010, nice day!
imortezaw
very nice 👏
FXCM
@imortezaw, yup waiting for the entry to be triggered now
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