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Forex48_TradingAcademy
May 1, 2023 5:52 PM

XAUUSD Long Trade Long

EIGHTCAP:XAUUSD60
Gold / US DollarEightcap

Description

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On gold, I have identified a long opportunity. After examining the asset, I have set my strategy to enter on 25% of the demand zone if the price breaks the previous high with three consecutive bullish candles in both H1 and M15 timeframes.

Let me know your thoughts.

Happy trading to all.

Forex48 Trading Academy
Trend AnalysisChart PatternsFundamental AnalysisforexsignalssignalseurodollarsetupsXAUUSD
Comments
araja0702
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great setup with all that news coming up this week high likely hood gold will bounce.
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